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@omidxyz
Both BTC and ETH exchange's balances are in multi-year downtrend. Free float is getting less every month. Despite long ETH underperformance relative BTC.
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@erihanarcisa
Overall, while the downtrend in exchange balances for both BTC and ETH may signal long-term hodling behavior among investors, it's essential to consider a range of factors when analyzing cryptocurrency markets and predicting future price movements.
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