In a shocking development, the price of Ethereum has fallen below the key $4,000 level as the ongoing bearish pressure in the broader crypto market intensifies. On-chain data shows that a notable portion of ETH is still being withdrawn from crypto exchanges in the face of the growing market volatility.

Investors Are Still Withdrawing Ethereum From Exchanges

Even though its price is heading downward , the on-chain dynamics of Ethereum are entering a striking new phase. A recent report reveals that the total balance of ETH on all cryptocurrency exchanges has dropped sharply to its lowest level in years.

Shared by Coin Bureau on the social media platform X, this swift withdrawal of coins from centralized platforms highlights a clear shift toward long-term holding and s

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