Ethereum's Exchange Supply Ratio reveals a significant trend: despite its current low price, the amount of Ethereum held on exchanges has decreased to levels not seen since 2016. This decline occurs even as the overall circulating supply of Ethereum has increased. Such a pattern suggests that investors maintain a strong belief in Ethereum's potential, viewing it as a secure asset. The continued accumulation of Ethereum by investors indicates optimism about its future value and stability, reflecting a positive market sentiment towards this leading cryptocurrency.