🚨 ETH JUST HAD A Q3.. THE REAL STORY IS ON-CHAIN
Ethereum gained approximately 70.8% in Q3, but price alone doesn’t explain the move.
What’s the most important signal? Supply + whales + ETH/BTC. 👀
🔹 Exchange supply dropped sharply, as large amounts of ETH moved out of the platforms, potentially reducing the immediately available sell-side liquidity.
🐋 Whale activity increased, including transfers from addresses that had been inactive for a long time, and it continued#altcoins $ETH
$BTC
Ethereum gained approximately 70.8% in Q3, but price alone doesn’t explain the move.
What’s the most important signal? Supply + whales + ETH/BTC. 👀
🔹 Exchange supply dropped sharply, as large amounts of ETH moved out of the platforms, potentially reducing the immediately available sell-side liquidity.
🐋 Whale activity increased, including transfers from addresses that had been inactive for a long time, and it continued#altcoins $ETH
$BTC