ETH reserves on trading platforms currently stand at approximately 17.4 million, a three-year low. According to CryptoQuant, ETH reserves on trading platforms have fallen by nearly 10.7 million since peaking at approximately 28.8 million in September 2022. Currently, reserves stand at approximately 17.4 million ETH, with approximately 2.5 million ETH withdrawn from trading platforms in the past three months alone. Data shows that the spot ETH ETF, launched in July 2024, has attracted over $13 billion in net inflows to date.