According to Glassnode, Crypto exchanges collectively possess 14.7 million ETH (about $59 billion), the lowest number since November 2018. However, the entire value locked in the Ethereum 2.0 deposit contract has reached a new all-time high of $34.3 billion, displaying trust in the coin’s value. Furthermore, investors are becoming more bullish as they prepare for the Altair network update, which is scheduled to go live today.