[The proportion of ETH held on centralized exchanges drops to 8.7%, the lowest since 2015] Odaily Planet Daily reports that the proportion of Ethereum (ETH) held on centralized exchanges has dropped to 8.7%, marking a historic low since the network went live in 2015. Since July this year, the ETH balance on exchanges has decreased by 43%, with most of it flowing into staking, restaking, Layer-2 networks, digital asset treasuries (DAT), and long-term custody. Analysts point out that this unprecedented supply squeeze could lead to a price increase. (Cointelegraph)