Ethereum sees major shift from centralized exchanges to DeFi

12/14/2023 02:50
Ethereum sees major shift from centralized exchanges to DeFi

Ethereum's decline in centralized exchanges supply echoes investor shift to decentralized finance, hitting a record low since 2016.

Ethereum sees major shift from centralized exchanges to DeFi Ethereum sees major shift from centralized exchanges to DeFi 39 seconds ago · 3 min read

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

3 min read

Updated: December 13, 2023 at 7:33 pm

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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