#Ethereum exchange supply dropped over 1M ETH (5.5%) in the past month, signaling strong accumulation.
This sharp outflow suggests investors are moving ETH to cold storage, reducing sell pressure.
The trend reflects growing bullish sentiment and long-term confidence in ETH.
BY Technical CRYPTO Analyst
Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. It’s a tough job. People who choose to mine Bitcoin use a process called proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.To entice miners to keep racing to solve the puzzles and support the overall system, the Bitcoin code rewards miners with new Bitcoins. “This is how new coins are created” and new transactions are added to the blockchain, says Okoro.
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.
Technical CRYPTO Analyst from in