⚪️ Ethereum liquidity (market depth) has dropped by 20% since the launch of spot Ethereum ETFs
This decline makes it easier for large players to manipulate the price 🕯
Also, Ethereum reserves on cryptocurrency exchanges have hit their lowest levels since 2016, amid this year's price volatility ✨
The ongoing outflow from centralized platforms is likely due to users withdrawing assets for self-custody or engaging in DeFi activities 📣
