The exchange $ETH has been "shorted", a historic signal has appeared

Notice a key change: Data shows that the supply of Ethereum in centralized exchanges has dropped to the lowest point in history since its inception in 2015, $ETH . Meanwhile, U.S. banks have announced that starting in 2026, their wealth advisors can directly recommend Bitcoin and Ethereum ETFs to clients.

This constitutes a clear supply-demand scenario:

1. Supply side is contracting: A large amount of ETH is being withdrawn from exchanges for staking, re-staking, or long-term custody. This means that the circulating supply that can be "sold at any time" is sharply decreasing in the market.

2. Demand side is opening: Traditional top financial institutions are paving the way for massive compliant funds to enter, and a huge potential buying queue is already at the door.

As the sellable coins become fewer and the queue of potential buyers grows longer, the most basic supply-demand logic in the market is quietly shifting.

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As the market focuses on how financial assets are accumulated and locked, another more fundamental form of "value accumulation" is also ongoing.

As demonstrated by the community of @Max Charity : They do not accumulate tokens, but are committed to accumulating "nodes" and opportunities for education on a global scale. Every offline donation and promotion adds a definite "value block" to the global education network. This accumulation does not rely on market cycles, yet is equally solid. #Max

#巨鲸动向 #ETH走势分析

In light of the current situation of ETH, what is your judgment?

看多:供需面已逆转,坚定看好。
看空:宏观不确定性仍是主导,不认为会立刻上涨。
观望:信号虽强,但需观察后续资金实际流入。
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