Forget the price charts for a second. The daily ups and downs are just noise designed to shake you out.

The REAL story for $ETH  is happening on the exchanges, and the data is screaming one thing: a massive supply shock is underway.

While everyone is panicking about a dip, over ONE MILLION ETH has been pulled off exchanges in the last two weeks. Let me be clear what that means. That is NOT selling pressure. That is smart money moving their coins into cold storage because they have ZERO intention of selling at these prices. They are accumulating for the long term.

At the exact same time, what's happening on the demand side? Institutions are pouring in. BlackRock's Ethereum ETF alone now holds 2.5% of the entire circulating supply of ETH. They are buying everything they can get their hands on.

Think about that.

The available supply on exchanges is at the lowest it's been all year, and it's shrinking daily. Meanwhile, the biggest players in finance are showing up with billions of dollars in new demand.

This isn't complicated. It's the most basic law of economics. When demand skyrockets and the available supply disappears, the price has only one direction to go.

Stop watching the 15-minute chart. Start watching the exchange flows. That's where the real story is.
#ETH #crypto #price