Ether Reserves on Exchanges Hit 9-Year Low of 18.95 Million ETH

As of February 18, Ether supply on exchanges has reached a 9-year low, with only 18.95 million ETH available. This indicates a trend of investors moving $ETH into cold storage for long-term holding.

Key points include:

Low exchange supply raises the potential for a supply shock, which could drive up prices.
$ETH has fluctuated between $2.2K and $4.1K over the past year.
The possibility of $ETH staking may further tighten supply and enhance investor confidence.

Bitcoin Trends

Bitcoin reserves are also at a 3-year low, with 3.5 million $BTC remaining on exchanges. Increased demand and a shift towards long-term holdings are viewed positively.

Dr. Jan Wüstenfeld noted a decrease in new capital entering the market, contributing to liquidity challenges.

Investment Opportunities

Several ERC-20 altcoins may benefit from rising $ETH and $BTC prices:

BTC Bull Token ($BTCBULL) aims to provide Bitcoin rewards to holders as Bitcoin reaches certain price milestones.
Solaxy ($SOLX) is developing a Layer 2 solution for Solana to improve transaction efficiency.
MIND of Pepe ($MIND) uses AI to offer crypto trading insights to its holders.
Shiba Inu ($SHIB) has shown significant price stability and generated gains in the last year.

Investors should consider the drying liquidity as a sign that many are content holding their assets. Demand exceeding supply suggests potential price increases across the board. Conduct thorough research before making investment decisions.