Supply of $ETH is Quietly Shrinking 👀
While most traders are focused on short-term price action, Ethereum's on-chain data tells a different story.
Over 32.5% of the total ETH supply is now staked, and reserves on exchanges continue to decline. That means fewer coins are available for instant sell-offs, reducing potential market pressure.
If demand starts to ramp up while liquid supply keeps dwindling, Ethereum could be gearing up for a strong move in the coming months.
While most traders are focused on short-term price action, Ethereum's on-chain data tells a different story.
Over 32.5% of the total ETH supply is now staked, and reserves on exchanges continue to decline. That means fewer coins are available for instant sell-offs, reducing potential market pressure.
If demand starts to ramp up while liquid supply keeps dwindling, Ethereum could be gearing up for a strong move in the coming months.