Since the SEC partially approved the Ethereum spot ETF, about $3 billion of ETH has flowed out of CEX

BlockBeats reported that on June 3, according to CryptoQuant data, from May 23, when the SEC partially approved the Ethereum spot ETF, to June 2, CEX’s Ethereum reserves had decreased by 797,000, worth approximately $3.02 billion.

At the same time, Glassnode data showed that the percentage of ETH circulating supply held by CEX was also at its lowest level in years, at only 10.6%.