ETH Supply Shock: Staking Absorbs Record Ethereum Reserves Amid Rally
Record amounts of ETH are being withdrawn from exchanges for staking even as prices rally, signaling strong bullish intent and reduced immediate selling pressure.
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Record amounts of ETH are being withdrawn from exchanges for staking even as prices rally, signaling strong bullish intent and reduced immediate selling pressure.
Following a sharp market crash below $1,600, prominent Ethereum whales aggressively accumulated ETH and Wrapped Bitcoin. Meanwhile, declining exchange reserves across major platforms indicate reduced…
Bitcoin rebounds above $90K after bouncing off $80K, testing key resistance near $93K with bullish on-chain signals, but must overcome moving average hurdles to confirm a sustained reversal.
Binance's rising BTC funding rate and declining exchange reserves signal bullish conviction, while other exchanges remain cautious. Implied volatility is at 2023 lows and new wallets are accumulating…
Bitcoin exchange reserves fell 23% year-to-date while Ethereum netflows are consistently negative, indicating sustained withdrawals and accumulation; ETH gained about 10% last week.
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BlackRock’s iShares ETFs rapidly accumulated ETH and BTC, narrowing custody gaps with Coinbase and Binance. Falling exchange inflows and strong ETF purchases tighten supply, underpinning bullish mome…