Ethereum’s surge above $4,000 is backed by three strong signals: rising spot demand, declining exchange reserves, and growing institutional interest.
Major players are aggressively accumulating $ETH, while exchange reserves have dropped to an 18.38 million $ETH 12-month low—tightening supply just as demand spikes.
Meanwhile, Open Interest has soared to $29 billion, reflecting fresh capital entering the market. This combination of high demand, limited supply, and institutional confidence suggests further upside potential.
While retail investors remain cautious, the big money sees long-term value in $ETH . Could $5,000 be next? The setup certainly makes a strong case for it.
