Centralized exchanges' share of ETH holdings has fallen to 8.7%, the lowest since 2015.

According to Odaily, Ethereum's (ETH) share on centralized exchanges has fallen to 8.7%, a record low since the network launched in 2015. Since July, ETH balances on exchanges have decreased by 43%, primarily flowing to staking, restaking, Layer-2 networks, the Digital Asset Treasury (DAT), and long-term custody. Analysts point out that this unprecedented supply shortage could lead to price increases. (Cointelegraph)