In brief: Ethereum balances on exchanges have seen a drastic drop since the popularity of DeFi in August Ethereum investors continue to lock their ETH in smart contracts in DeFi protocols ETH volume on Decentralized exchanges is also growing drastically Ethereum price could once again attempt to revisit $400 In an earlier analysis, it was highlighted that 15% of Ethereum’s supply is locked in smart contracts. This fact has further been explored by the team at Glassnode through their recent […]