![Ethereum [ETH]: ‘Self-custodians’ may be out of their shells, but investors unfazed](https://i.headtopics.com/images/2023/5/2/cryptoamb/ethereum-eth-self-custodians-may-be-out-of-their-s-ethereum-eth-self-custodians-may-be-out-of-their-s-1653407749366067201.webp)
Several events over the past year led holders of ETH to resort to self-custody. However, the supply on exchanges are starting to take shape.
The concept of “self-custody” has been gaining momentum in the cryptocurrency space, with many users preferring to hold their assets in their own wallets rather than on Centralized Exchanges .
to this trend. But the recent transfer could suggest other intentions of investors. Sometimes, large inflows into exchanges indicate the potential to let go of assets.about whether this trend could affect the price of ETH, as an increase in ETH holdings on exchanges could indicate an increase in selling pressure.to 12,300. And on the whole, the exchange outflow had also fallen to 117,000.
, Santiment showed that the latter had outpaced the former. At the time of writing, the volume in profit was 429,000.
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