🪙 ETH is in decreasing supply on exchanges — what does it mean for the price?
According to Santiment, on the tracked exchanges right now there is only about 3.49% of Ethereum’s supply — one of the lowest levels in all of ETH’s history.
And here’s another interesting point 👇
🔒 1.68 million ETH are expected to enter staking
🚪 For withdrawals — only about 154 thousand ETH
⚖️ The queue to enter is almost 11 times larger.
So you get an interesting picture: liquid ETH available for quick selling is getting less, while more and more coins are being taken out of circulation.
This doesn’t guarantee a price increase. But if demand starts to rise noticeably, the limited exchange supply can amplify the upward move.
Is Ethereum gradually turning into an asset that’s becoming harder to buy without affecting the price? 👀
What do you think, is ETH getting ready for its next strong move?
According to Santiment, on the tracked exchanges right now there is only about 3.49% of Ethereum’s supply — one of the lowest levels in all of ETH’s history.
And here’s another interesting point 👇
🔒 1.68 million ETH are expected to enter staking
🚪 For withdrawals — only about 154 thousand ETH
⚖️ The queue to enter is almost 11 times larger.
So you get an interesting picture: liquid ETH available for quick selling is getting less, while more and more coins are being taken out of circulation.
This doesn’t guarantee a price increase. But if demand starts to rise noticeably, the limited exchange supply can amplify the upward move.
Is Ethereum gradually turning into an asset that’s becoming harder to buy without affecting the price? 👀
What do you think, is ETH getting ready for its next strong move?
