Ethereum Exchange Balance Rises Amid Bloodbath on Crypto and Financial Markets

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Ethereum Exchange Balance Rises Amid Bloodbath on Crypto and Financial Markets
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ICYMI: balances of Ethereum on exchanges reached a three-month high of 14,795,397 ETH $ETH

Previously, U.Today reported that a large portion of Ethereum investors are choosing alternative investment solutions. With the future increase of the APR, more investors may choose staking that currently allows at least a 4% APR. But while investing in the staking contract, users should be ready to lock their funds for a certain period.

Previously, Kraken and Coinbase's CEO urged users to withdraw digital funds from exchanges and store them in private wallets, as more platforms have to follow cryptocurrency seizing orders and will not be able to protect users' funds. At press time, Ethereum is trading at $2,351 and losing 8.5% of its value, reaching the local bottom of the current trend.

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