Everyone is talking about $ETH 30% weekly rally.
But the more interesting story may be happening behind the chart.
💰 ~$700M flowed into U.S. spot ETH ETFs last week — the strongest weekly inflow in months.
At the same time, ETH exchange reserves have reportedly fallen about 15% since June.
So we have an unusual combination:
More institutional demand + less $ETH sitting on exchanges.
That doesn't guarantee a pump.
But if demand keeps increasing while available exchange supply keeps tightening…
ETH could be entering a very different phase of the market.
The question isn't simply:
“Can ETH hit $3K?”
The better question is:
“What happens if institutions keep buying while liquid supply keeps shrinking?” 👀
#ETH #Ethereum #defi #altcoins #BinanceSquare
