🚀🚀🚀 Ethereum Hits 7-Year Supply Low on Exchanges, Fueling Bullish Breakout Hopes
🔷️Ethereum's supply on centralized 💱exchanges has recently reached its 🎚lowest level in over 7️⃣seven years, signalling a potential📈 bullish trend.
As of June 2025, less than 4.9% of the total ETH supply remains on 💱exchanges, marking the lowest point in Ethereum's history. This significant reduction in exchange supply suggests that investors are increasingly moving their $ETH into cold storage or staking, indicating a shift towards long-term holding rather than active trading.
Historically, such a decrease in available supply has often preceded price surges📈. For instance, a similar trend in 2021 was followed by a significant rally. Currently, Ethereum's price is approaching key resistance levels around 📈$2,700. A💥 breakout above this level could pave the way for a move towards the $3,000 mark, a🔥🔥 psychological milestone for many traders.
⚡️Additionally, the introduction of Ethereum-based ETFs has attracted institutional interest, further tightening the liquid supply.
For example, 🗻BlackRock's iShares Ethereum Trust (ETHA) has surpassed $1 billion in net inflows, reflecting growing institutional confidence.
📊While technical indicators such as the TD Sequential have flashed a short-term sell signal, the overall market sentiment remains positive. Analysts are eyeing a potential rally towards $3,500 if the bullish momentum continues.
🤑The current market dynamics👈—👉👉decreasing exchange supply, institutional accumulation, and positive technical indicators—suggest that Ethereum may be poised for a breakout.