​​Investors are pulling BTC & ETH off exchanges

% of Bitcoin on CEXs is at an 8-year low, Ethereum at a 10-year low.

What it means:
– More BTC & ETH are moving into DeFi
– Web3 infrastructure (cold wallets, DEXs, perps) is gaining traction
– Shrinking exchange supply = increasing upward pressure on price

👉

​​Investors are pulling BTC & ETH off exchanges

% of Bitcoin on CEXs is at an 8-year low, Ethereum at a 10-year low.

What it means:
– More BTC & ETH are moving into DeFi
– Web3 infrastructure (cold wallets, DEXs, perps) is gaining traction
– Shrinking exchange supply = increasing upward pressure on price

👉 https://cryptorank.io/performance