{"id":415,"date":"2021-01-15T06:18:57","date_gmt":"2021-01-15T06:18:57","guid":{"rendered":"https:\/\/cryptonita.co\/?p=415"},"modified":"2021-01-16T20:12:01","modified_gmt":"2021-01-16T20:12:01","slug":"exchanges-running-out-of-eth-with-reserves-plunging-27-in-48-hours-2","status":"publish","type":"post","link":"https:\/\/cryptonita.co\/?p=415","title":{"rendered":"Exchanges running out of ETH with reserves plunging 27% in 48 hours"},"content":{"rendered":"<p>The amount of Ether held on exchanges has plunged over the past two days, with CryptoQuant data indicating that just 8.1 million ETH is currently sitting in the reserves of centralized exchanges.<\/p>\n<p>The acceleration of ETH being taken off exchanges was highlighted by Nuggets News\u2019 Alex Saunders, who\u00a0<a href=\"http:\/\/v\/\" target=\"_blank\" rel=\"noopener nofollow\">noted<\/a>\u00a0a 10% drop in Ether reserves on centralized platforms on Jan.14 \u2014 from 11 million to 10 million over 24 hours. \u201cExchanges will run out of ETH in 10 days at current rate,\u201d he predicted.<\/p>\n<p>Earlier today, Saunders noted the decline in Ether reserves had escalated by a further 20% leading him to suggest that centralized platforms may run out of ETH in the next 48 hours.<\/p>\n<p>Read more at <a href=\"https:\/\/cointelegraph.com\/news\/exchanges-running-out-of-eth-with-reserves-plunging-27-in-48-hours\" target=\"_blank\" rel=\"noopener\">CoinTelegraph<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amount of Ether held on exchanges has plunged over the past two days, with<\/p>\n","protected":false},"author":1,"featured_media":522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[23,24],"class_list":["post-415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quick-take","tag-ethereum","tag-exchanges"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exchanges running out of ETH with reserves plunging 27% in 48 hours -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonita.co\/?p=415\" 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