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Ethereum Supply Crisis? Billions in ETH Exit Exchanges


by Olivia Stephanie
for CryptoPotato
Ethereum Supply Crisis? Billions in ETH Exit Exchanges

TL;DR

  • Exchange balances fall from 27M ETH peak to negative, showing historic withdrawals and tightened liquid supply.
  • Ethereum trades at $4,390, down 3% weekly, but outflows suggest long-term accumulation by holders.
  • ETFs add demand alongside exchange withdrawals, with analysts projecting ETH could target $10,000 next cycle.

Exchange Balances Turn Negative

Ethereum’s exchange flux balance has slipped into negative territory for the first time on record, according to analyst Cas Abbé. The data shows that outflows from exchanges now exceed inflows, marking a shift in how ETH is being held. Abbé said,

Read the article at CryptoPotato

Read More

Ethereum (ETH) Pullback Looms, But Analyst Sticks to $10K Target

Ethereum (ETH) Pullback Looms, But Analyst Sticks to $10K Target

Ethereum nears resistance at $4,900 as ETF buying slows. Analysts expect a short pull...
Ethereum Price Analysis: Will This Key Support Hold as ETH Prepares for Breakout?

Ethereum Price Analysis: Will This Key Support Hold as ETH Prepares for Breakout?

Ethereum continues to trade sideways, with little to no price action reflecting a lac...

Ethereum Supply Crisis? Billions in ETH Exit Exchanges


by Olivia Stephanie
for CryptoPotato
Ethereum Supply Crisis? Billions in ETH Exit Exchanges

TL;DR

  • Exchange balances fall from 27M ETH peak to negative, showing historic withdrawals and tightened liquid supply.
  • Ethereum trades at $4,390, down 3% weekly, but outflows suggest long-term accumulation by holders.
  • ETFs add demand alongside exchange withdrawals, with analysts projecting ETH could target $10,000 next cycle.

Exchange Balances Turn Negative

Ethereum’s exchange flux balance has slipped into negative territory for the first time on record, according to analyst Cas Abbé. The data shows that outflows from exchanges now exceed inflows, marking a shift in how ETH is being held. Abbé said,

Read the article at CryptoPotato

Read More

Ethereum (ETH) Pullback Looms, But Analyst Sticks to $10K Target

Ethereum (ETH) Pullback Looms, But Analyst Sticks to $10K Target

Ethereum nears resistance at $4,900 as ETF buying slows. Analysts expect a short pull...
Ethereum Price Analysis: Will This Key Support Hold as ETH Prepares for Breakout?

Ethereum Price Analysis: Will This Key Support Hold as ETH Prepares for Breakout?

Ethereum continues to trade sideways, with little to no price action reflecting a lac...