π₯ Ethereum stored in centralized exchanges is dropping!
Hello!
I've seen a really interesting chart in the Glassnode website that I think is quite relevant.
I've decided to share with you that the amount of ETH stored on centralized exchanges is dropping fast. In fact, the amount stored in Smart Contracts is higher! This are good news!
It is good news that Smart Contracts are gaining attention (mostly because of DeFi). And all of this with the crazy fees we have on the network.
Imagine what will happen when we have more users in DeFi, lower fees, and easy-to-use interfaces. Things can get really Hot!
This is also a reminder that if you are not looking at DeFi right now, you are swimming against the stream/flow.
Maybe in some years you will regret.
Enjoy! π
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https://twitter.com/ResilienciaHODL/status/1308160057260077056
There are thousands of people focused on increasing thier percentage in the pools and I guess I became one of βem π π
I'm also one of them!