The post $3B ETH Withdrawal Signals Potential Supply Squeeze for Ethereum appeared first on Coinpedia Fintech News Following the approval of spot ETH ETFs on May 23, 797,000 ETH worth over $3 billion has been withdrawn between May 23 and June 2, signaling a potential upcoming supply squeeze. The significant reduction in exchange reserves suggests that investors are transferring their Ether to self-custody solutions, preferring holding over immediate selling. The decrease in …