The Liquidity Crisis - Part Two: ETH

Written by benlilly | Published 2021/04/17
Tech Story Tags: ethereum | eth | cryptocurrency | trading | investing | ethereum-top-story | ethereum-liquidity-crisis | ethereum-scalability

TLDR Available ETH in the market is drying up and becoming less liquid. Here's what it means for future price. The amount of ETH on exchanges are dropping fast. This is similar to what we saw unfold in 2017. This cycle, if repeated, would give us a lot more room and time before we hit a similar figure. The price is building slowly with only a few taking note. It’s interesting in the current chart is the breakaway speed at which ETH is leaving exchanges.via the TL;DR App

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Written by benlilly | Cofounder: Jlabs Digital, Deploy.finance, PANDA Terminal
Published by HackerNoon on 2021/04/17