Ethereum Exchange Balances Drop 18% as Holders Withdraw 1.4M Coins

Ethereum holders withdrew approximately 1.4 million coins from cryptocurrency exchanges between June 3 and August 27, 2026, a significant outflow that accelerated even as the asset's price rallied, according to data from analytics firm Santiment. This trend stands in stark contrast to the behavior of Bitcoin holders, who slightly increased their exchange balances over the same period, highlighting a divergence in investor strategy between the two largest digital assets. The data shows that the total supply of Ethereum held on major exchanges fell from about 7.69 million coins on June 3 to roughly 6.28 million by August 27.