ViewBase: a quarter of ETH is stored in exchange wallets

According to Viewbase analytical platform, About a quarter of ETH, in circulation, stored on exchange wallets. In this case, the number of new addresses of the Ethereum is inferior to bitcoin.

According to Viewbase, To date, there are on exchange wallets 26 712 401 ETH worth about $10.3 billion, what is 23.6% from the total coin, in circulation. Around 26 Milln broadcasts "lie" on centralized exchanges. From this amount 8.5 Milln ETH are stored on Coinbase, 5.2 Milln ETH - on Bitfinex and 3.2 MLN ETH - on Huobi.

It is worth noting, that ether is much ahead of bitcoin in the number of coins, stored on exchanges. For bitcoin, this indicator is only 8.1%. According to the analytical company Glassnode, During the year, this figure is constantly reduced. In February, the number of bitcoins on exchange wallets reached 2.97 Milln BTC, And now it has become less 2.6 Milln BTC.

According to cryptocurrency analyst Willy Wu (Willy Woo), Such a decrease indicates the arrival of new buyers, which take crypto acts from the markets and move them to their wallets for cold storage. The low proportion of bitcoins on exchanges contributes to the development of "macrol" tendencies. Glassnode experts added, that it appears daily about 480 000 new addresses of bitcoin, which is six times more compared to the same indicator of the Ethereum, which is less than 80,000 new addresses per day.

However, on the July data of the analytical company Messari, at first 2020 the number of active addresses of the Ethereum has increased and is growing twice as fast, Unlike bitcoin. This month the situation has changed. Glassnode analysts reported, that the number of active addresses of bitcoin increased to 388 697 and is preparing to overcome the historical maximum, Fixed at the end 2017 of the year.