Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? - Overpasses For America

Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? - Overpasses For America

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Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading?

Ethereum has been one of the top-performing crypto assets since early April, rallying more than 100% from its cycle lows near $1,600 to a recent high above $2,700. This sharp recovery positioned ETH as a leader in the broader market’s bullish trend, even sparking renewed discussions around a potential altseason. However, momentum now appears to be fading. Over the past week, ETH has struggled to break above key resistance levels, and selling pre…

Ethereum Supply Drops as Whales and ETFs Accumulate, Price Holds Steady News ETHNews

Ethereum exchange supply plunges to 7-year lows, signaling potential supply shock as available ETH dwindles rapidly on trading platforms. Spot Ethereum ETFs attracted over $500 million inflows recently, adding institutional demand alongside aggressive whale accumulation of tokens. Ethereum faces a potential supply shock. The amount of ETH held on cryptocurrency exchanges dropped sharply. This balance reached its lowest point in seven years. Data…

Ethereum Holdings on Exchanges Reach New Seven-Year Low

Ethereum exchange reserves have fallen to about 16 million ETH, the lowest in seven years. The drop in exchange holdings could tighten supply and increase price volatility soon. Ethereum price traders near $2500 while trading volume shows strong market activity. Ethereum exchange balances have reached a seven-year low, raising concerns over a potential supply shock. Data from Glassnode reveals that total ETH held on exchanges has dropped from ov…