Glassnode data shows that ETH currently held by centralized exchanges is 19.09 million Ethereum ETH -0.69%, which was slightly less than 20 million in July 2018.
Over the past five days, ETH held on exchanges has plunged 10% from 21.91 million.
In addition, outflows from exchanges hit a 13-month high, indicating less investor interest in trading or holding assets on centralized exchanges.