Leon Waidmann, Senior Analyst at Lisk (LSK), stated that the trend in exchange supply of BTC and ETH shows a clear difference. He said via X, “Currently, the proportion held by exchanges is less than 16.5% for BTC and 12.7% for ETH based on total supply. While there is no significant change in the proportion of BTC on exchanges, ETH is continuously flowing out to external wallets. As a result, a structure is forming where the volume of ETH available for trading on exchanges is gradually decreasing.”
