Ethereum giant awakens! $2.2 million flows in ⚠️ Will ETH surge to $2,000?

After rebounding to $1,800, Ethereum (ETH) has fallen into a consolidation trap, oscillating between $1,727 and $1,877. But don't be fooled by appearances — a long-anticipated explosion may be on the horizon!

🐳 Holders are frantically scooping up, is ETH being quietly 'locked up'?

Despite the sideways price movement, investors are not fleeing; instead, they are buying more as prices drop. From March 10 to May 3, the number of holding addresses surged nearly 22.5%, increasing from 15.53 million ETH to 19.03 million ETH. Whales have taken the lead, with a large holder withdrawing 1,202 ETH worth $2.2 million from an exchange!

And this is not an isolated case. Data shows that large holders continue to withdraw ETH from exchanges, causing the inflow-outflow ratio to drop to -0.62%, setting a new recent low. This means whales are 'locking up' ETH, reducing market circulation.

📉 Retail investors are also following suit in hoarding coins

Not only large holders but small investors are making the same choice: in the last 7 days, there have been net outflows of ETH for 6 of those days, indicating that public confidence in ETH's future is rising.

This trend has led to a noticeable effect: Ethereum's scarcity has soared, with the SFR metric hitting an annual high of 374, indicating that available ETH is rapidly decreasing.

📈 Prices are still consolidating, but the signals are clear!

Although ETH has consistently stayed below $1,800, this ongoing 'coin grabbing' behavior is sending strong market signals: confidence remains, and an explosion may not be far off!

If the accumulation by whales and retail investors continues, and selling pressure remains low, ETH is expected to break through the consolidation range and challenge the $2,000 mark. However, if the market remains in a tug-of-war, it may continue to oscillate.

In summary: ETH currently resembles a spring being held down — once released, the rebound could be astonishing! #币圈资讯