Ethereum (ETH) Exchange Reserves Have Dropped a Lot Over the Previous Month

According to CryptoRank.io, 1 million ETH has been taken out of centralized exchanges. The overall quantity of Ethereum that exchanges hold has decreased by a further 5.5%

Over the previous month, Ethereum exchange reserves have dropped a lot. According to CryptoRank.io, 1 million ETH has been taken out of centralized exchanges. The overall quantity of Ethereum that exchanges hold has decreased by a further 5.5% as a result of this.

During the period beginning in the middle of April and ending in the middle of May 2025, the supply of Ethereum decreased from eighteen million to seventeen million shares.

On May 12, the number of whales hit an all-time highIn a striking accumulation move, major crypto holders scooped up three hundred twenty-five thousand ETH within 24 hours, according to data shared by CryptoQuant.This was the most amount ever taken in by big accumulation addresses in a single day.

This has had an effect on the price of Ethereum. ETH is worth $2,485.37 as of May 20, 2025.There has been an increase of 3.81 percent during the last twenty-four hours. The price has gone up by 57.67 percent in the past month, which shows that it is going up quickly.

Record Whale Activity Signals Confidence

Source X

A lot of whale activity has caused the removal of 1 million ETH. There are posts on X that show whales are taking ETH off of exchanges, with 1 million ETH taken off in only four weeks. This pattern is similar to what happened on May 12, when huge wallets took in 325,000 ETH in one day.

cryptoquant. data backs up the 5.5% reduction in exchange reserves, which shows how big this shift is. Whales are moving ETH to safe storage, which makes the supply on trading platforms less. This drop frequently shows that people are confident that prices will rise in the future, as significant holders get ready for long-term profits.

This feeling is backed up by how Ethereum’s price has been doing. The 57.67% monthly growth shows that more people are interested in the market. The daily rise of 3.81% shows that the trend is still going up.

Price Forecast Says $3,500 Is the Goal

Source – X

Market research shows that Ethereum might go up much more. In the next few weeks, ETH may rise above $3,500, according to predictions. This prediction fits with the patterns of fewer exchanges and whales buying up coins that were seen in May 2025.

At $2,485.37, Ethereum is in a good position to break out. The 57.67% monthly rise shows that there is a lot of momentum. Historical trends reveal that big whale withdrawals generally happen before price increases. This is because less supply on exchanges may lead to more demand.