XRP was trading lower at the time of reporting, having fallen during the 
previous week. The divergence between ETF asset growth and declining spot 
prices warrants a closer look.

XRP ETFs surpass $60m in assets as token price declines

CryptoQuant has released a new report, highlighting a significant shift in 
Ethereum’s exchange supply dynamics and institutional behavior. According to 
the data, the amount of ETH held on crypto exchanges has crashed to unexpected 
lows. The decline coincides with growing institutional accumulation, a trend 
often viewed as an early signal of a bullish price outlook. Ethereum Exchange 
Balances Fall To 2016 Lows Arab Chain, a crypto analyst on CryptoQuant, 
revealed that Ethereum’s exchange supply ratio across all tracked platforms 
has declined to approximately 0.137. According to the data referenced in the 
report, this represents one of the lowest readings observed since 2016. 
Related Reading: Ethereum 2-Year Trend Maps Out This Unique Crash Path To 
Bottom At $2,187 The analyst emphasized that this metric reflects the 
proportion of total ETH supply currently held on exchanges relative to the 
overall circulating supply. Lower levels of this metric reflect a smaller 
fraction of ETH ready for liquidation on exchanges, which the analyst 
identifies as an important factor in understanding market liquidity 
conditions. Arab Chain also noted that the sustained decline in this ratio 
indicates a continued outflow of ETH from centralized exchanges to external 
wallets. This movement suggests that a smaller portion of Ethereum’s supply is 
readily available for trading. It also signals growing confidence among 
holders who prefer long-term positioning over short-term speculation. From a 
broader market perspective, a shrinking exchange supply is often seen as 
bullish for prices due to basic supply-and-demand dynamics. When fewer coins 
are available to sell, even a slight increase in demand can push prices up, as 
buyers compete for a smaller pool of liquid ETH. Reduced liquidity can also 
limit the intensity of declines, as large sell orders become harder to execute 
without moving the market. In his report, Arab Chain references historical 
behaviour, illustrated by a chart showing the Ethereum supply ratio for all 
exchanges. The analyst noted that similar declines in exchange supply have 
occurred during periods of reaccumulation or in the lead-up to stable price 
movements following significant market volatility. Ethereum Supply On Binance 
Crashes Arab Chain has also shared insights on Ethereum’s supply on Binance. 
The analyst disclosed that ETH balances on the exchange have been steadily 
declining over the past few months. As one of the largest crypto exchanges in 
the world, Binance’s reserve changes often reflect broader market sentiment. 
Related Reading: Why Did The Bitcoin, Ethereum, And XRP Prices Crash, And Will 
It Continue? The CryptoQuant report highlights that the Exchange Supply Ratio 
on Binance has crashed to 0.0325, a relatively low level compared to previous 
months. This indicates a steady withdrawal of ETH from the crypto exchange, 
reducing the amount of tokens available for immediate spot market selling. 
Arab Chain suggested that the drop in Ethereum supply on Binance shows that 
traders are becoming more cautious. Rather than engaging in short-term trades, 
many appear to be holding ETH off exchanges due to ongoing market volatility 
and uncertainty. The analyst added that the falling supply, combined with 
ETH’s price stability, indicates lower selling pressure. It also signals that 
the market may be entering a new phase of liquidity absorption and 
repositioning. Featured image from Adobe Stock, chart from Tradingview.com

Ethereum Exchange Supply Just Crashed To New Lows, Why This Is Bullish For Price

In the latest update on the FTX saga, the SEC confirmed Caroline Ellison had 
consented to a officer-and-director bar, preventing her from leading any 
companies for 10 years.

SEC confirms years-long director bans for former Alameda, FTX executives

Cynthia Lummis is one of the key Republicans responsible for pushing members 
of Congress to pass a crypto market structure bill under consideration in the 
Senate.

Pro-crypto US Senator Lummis won’t seek reelection in 2026

Expanding the stablecoin yield prohibition to include the application layer is 
an anti-competitive practice, industry advocacy groups say.

Cryptocurrency price in BHD