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Ethereum (ETH) Price: Exchange Supply Reaches Lowest Level Since 2015

  • Ethereum's supply on exchanges has fallen to the lowest level since November 2015 (8.97 million ETH)
  • ETH price is down 26-47% in the past month, currently trading around $1,970-$1,990
  • Reduced exchange supply typically signals long-term holder accumulation and potential 'supply shock'
  • Ethereum faces challenges including decreased mainnet activity, lower fee revenue, and competition from Layer-2 networks

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