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Ether held on crypto exchanges has declined over the last six months as the price of Ether has held steady, while holders are continuing to participate in staking, according to Santiment.
In an X post on Tuesday, Santiment shared data from Sanbase showing that after July saw the highest amount of Ether (ETH) on exchanges with 12.31 million tokens, the amount has steadily declined to 8.15 million.
Santiment analysts predict that the amount of Ether on exchanges could continue to decline as price movements…
