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ETH exchange balances at all time lows and supply lock from staking queues

April 5, 2026BitMadBoy, Nexo

BitMadBoy and Nexo argue ETH on exchanges is at multi-year lows and staking queues are long, framing it as a supply lock that could amplify price sensitivity if demand returns.

$ETH balance on exchanges just hit an all-time low.
Only 11% of the supply is left on exchanges.
ETH on exchanges just fell to its lowest level since 2016 – and it's not coming back quickly.
BitMadBoy
Nexo
ethsupplyeth

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