On average, ETH has gained 4.77% during the month, which would place the coin above $4,500 by the end of October. With on-chain data showing fewer selloffs and increased network activity, the coin could record gains over the next few weeks. Ethereum Investors Move Coins Off Exchanges, Confidence on the RiseSponsoredAccording to CryptoQuant, ETH’s exchange reserve has declined consistently over the past few months. It sits at a nine-year low of 16.38 million ETH at press time, signaling that fewer coins are being held on centralized platforms for potential selling. Ethereum Exchange Reserve.