Dumped

According to Deep Tide TechFlow, analyst Crypto Gucci pointed out that Ethereum is experiencing unprecedented supply pressure, with 40% of ETH having exited circulation, institutional demand at record levels, and prices expected to continue rising.Ethereum has experienced three 'supply vacuums' for the first time in a market cycle: 5.9 million ETH accumulated in DATs, accounting for 4.9% of total supply; 6.84 million ETH purchased by the US spot Ethereum ETF, accounting for 5.6%; and 35.7 million ETH staked, accounting for 30%.Crypto Gucci stated that when demand meets supply contraction, prices will increase. Entrepreneur Ted Pillows predicts the fair value of ETH to be between $8,000 and $10,000.