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Ethereum sees major shift from centralized exchanges to DeFi Ethereum sees major shift from centralized exchanges to DeFi Andjela Radmilac · 1 year ago · 3 min read
ฮฑ โ–ธ โ–ธ Analysis

Ethereum sees major shift from centralized exchanges to DeFi

with insights from Glassnode

Only 11.81% of Ethereum's total supply remains on centralized exchanges, marking a significant shift towards DeFi investments.

Andjela Radmilac
Dec. 13, 2023 at 7:50 pm UTC
3 min read
Updated: Dec. 13, 2023 at 7:33 pm UTC
Ethereum sees major shift from centralized exchanges to DeFi

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Ethereum's shift from centralized to decentralized exchanges signals a maturing market. A 29.68% drop in Ethereum holdings on CEXs enhances DeFi's profile. Uniswap V3's trading volume underscores investor confidence. Uncover the driving force behind this significant realignment in Ethereum's landscape with CryptoSlate Alpha...

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Ethereum ETH (24h)
$3,666.01 -4.74%
Vol: $52.11B MCap: $441.58B

Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).

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