Glassnode: 14.85% of all ether was held in exchange-controlled wallets on May 25, the lowest level since summer 2016, as staking soaks up the available supply (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk:
Glassnode: 14.85% of all ether was held in exchange-controlled wallets on May 25, the lowest level since summer 2016, as staking soaks up the available supply  —  The drop comes as the number of staked ether has surged.  —  The number of ether (ETH) on exchanges has hit a low …