ETH Exchange Net Position Signals Imminent Supply Shock

Continuous net outflows of $ETH from centralized exchanges since mid-May

Current net position change: -1.3M ETH

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Highest sustained outflow zone in months

Exchange reserves are shrinking → Liquid supply is drying up

Despite this, $ETH price is grinding upward — classic sign of accumulation under the surface

When supply drops while demand holds steady or increases, we often witness a supply shock → explosive price action follows

Bearish on exchange supply = Bullish for price

Smart money accumulating off-exchange

Price structure still respecting higher lows — trend intact

Momentum is building. Don’t fade the signals.