Nearly 24% of Ether held on exchanges — three times the percentage of Bitcoin
Cointelegraph
Published Oct 30, 2020 03:21AM ET
Updated Oct 30, 2020 05:00AM ET
Almost one-quarter of Ethereum’s (ETH) circulating supply is held on cryptocurrency exchanges, according to analytics platform ViewBase.
The website shows that 26,768,260 ETH are on exchanges, equating to 23.6% with a value of $10.3 billion. Almost 26 million of these tokens are held by 10 centralized exchanges, with Coinbase alone sitting on 8,521,807 ETH — 7.5% of the supply.
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Written By: Cointelegraph
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