Ethereum Exchange Supply Ratio Sinks to 0.137, Binance's Drops to 0.0325

In a new analysis, CryptoQuant's Arab Chain reports Ethereum's all-exchange supply ratio has fallen to about 0.137, marking one of the lowest readings since 2016. On Binance, the Exchange Supply Ratio slid to 0.0325, reflecting sustained outflows and thinner spot liquidity—conditions often associated with firmer price support.