$ETH exchange supply just dropped to its lowest level since 2016.
That means fewer coins sitting on exchanges and more ETH moving into long-term hands.
Historically, when exchange supply dries up like this, selling pressure weakens and price tends to react later, not immediately.
📉 Less supply
⏳ Patient holders
⚡ Volatility builds quietly
Price may look calm right now… but moves usually start after moments like these.
ETH isn’t dead.
It’s just being accumulated.
What do you think — breakout or more consolidation? 💭
ETH
2,990.62
+0.44%