Ethereum ( $ETH ) exchange balances have plummeted to multi-year lows, signaling bullish momentum. The reduced supply of ETH on exchanges indicates investors are moving their holdings into self-custody wallets or staking them for passive income. This trend creates a scenario where increased demand can trigger a substantial price rally, as fewer #ETH tokens are available for trading. Factors like the growing popularity of DeFi applications and the transition to Ethereum 2.0 have fueled demand and further reduced the circulating supply. #Defi #Ethereum2 #CryptoTradingGuide #cryptoniteuae