Ethereum is leaving exchanges at a record pace, with only 6.38% of its supply available.
Analysts predict ETH could reach $14,000 by 2025, fueled by institutional interest and favorable trends.
Ethereum is showing signs of recovery this week, climbing to $2,745 and outperforming most altcoins. The second-largest cryptocurrency by market capitalization, according to Santiment, is picking up momentum from traders. This follows a lackluster 2024, where ETH underperformed other large-cap assets.
A key observation is the moving of ETH’s supply from exchanges, with 6.38% of the total supply still on trading platforms. This is the minimum amount of supply on exchanges after the launch of Ethereum and suggests holders opt for long-term holding of the asset in cold wallets, with trust in its future value.
Source: Santiment
Why Ethereum Could Dominate Soon
Ethereum has lagged Bitcoin this cycle, but there’s a perception on the other side, and that’s changing. Historically, ETH has been
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