This One Graph Shows Ether Going From CeFi to DeFi: Glassnode

This One Graph Shows Ether Going From CeFi to DeFi: Glassnode
Centralized exchanges get DeFi FOMO, as decentralized exchanges challenge their dominance in crypto trading.
(Pixabay, modified by CoinDesk)

Data from blockchain analysis firm Glassnode indicates that decentralized finance (DeFi) may be taking a huge bite out of centralized finance (CeFi) when it comes to ether.

Or as Glassnode tweeted earlier today on the data put it:

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