Ethereum’s scarcity index on Binance turns positive as supply exits the exchange

Ethereum’s scarcity index on Binance is showing positive signals as holders move ETH off the exchange. The metric, which measures the balance between inflows and outflows, suggests declining supply on the platform. This pattern historically correlates with reduced selling pressure, as coins held in personal wallets are less likely to be traded immediately compared to those on exchanges.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts