🔥 ETH supply crisis! Lowest in a decade on exchanges: Why is this bullish? 🚀
Ethereum (ETH) supply on central exchanges has fallen to its lowest level in history (only 8.7\%).
📉 What is happening?
Most ETH is no longer for trading; it is being staked 🔒, moved to DeFi, or held for the long term 🥶.
The supply available for trading (liquidity) is drying up.
📈 Why is this important? (in brief)
Reduced selling pressure: Lower risk of immediate 'dump events'. Sellers are absent.
Huge potential for price increase: With lower liquidity on exchanges, even slight demand can quickly skyrocket prices.
Strong conviction: Holders believe in long-term yields and growth. 💪$ETH
ETH
3,328.29
+6.49%
⚠️ Disclaimer: This is purely market analysis and not financial advice. Do your own research (DYOR) before investing.