June 26 (Cointime) - Investors have been withdrawing Ethereum from exchanges and storing it in cold wallets, leading to a decrease in Ethereum supply on exchanges. Despite this, Ethereum has seen a 59% increase since the beginning of the year, making it one of the top-performing cryptocurrencies. Large non-exchange Ethereum wallets continue to accumulate more Ethereum while the price of ETH hovers around $1,900 and supply on exchanges drops to 9.2%.

According to CoinGecko, Ethereum is the second-best performing cryptocurrency this year, with an increase of 59% since January 1. As of now, Ethereum is trading at $1,884 and has seen a 10% increase over the last seven days.