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ETH exchange supply hits a new LOW, as ETH 2.0 Staking hits a new HIGH
ETH exchange reserve supply has decreased by 3.4 million from 21.4 million in May 2021 (crypto market crash) to 19 million today. This trend of decrease in ETH exchange supply started in 2020, and roughly 1 million ETH is taken off from exchanges every month. At this rate, one year from now, ETH will have a serious BULLISH liquidity crisis. In the past 3 months, 2.2 million more ETH had been locked in ETH 2.0 staking, with a sharp increase in ETH staked after the London Upgrade (EIP1559).