ETH Skyrocketing? 🚀 You Won’t Believe This!

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Right, so apparently Ether (ETH) is about to… well, go “nuclear.” That’s what someone called “Crypto Gucci” said. Honestly, the name alone is a choice. 😂 But apparently, 40% of it has vanished into thin air. Into the hands of institutions, naturally. Because of course it has.

Apparently, back in the *olden days* (like, the last market cycle), these “digital asset treasuries” – DATs, very sophisticated – didn’t even exist. Now they’re hoarding 5.9 million ETH, which is roughly $24 billion. That’s…a lot of zeros. They’re just going to sit on it, apparently, for “long-term yields.” Like a dragon with a shiny hoard, only… digital. 🙄

And then you’ve got these newfangled things called Spot Ether ETFs. Never heard of them before, obviously. They’ve already sucked up 6.84 million ETH ($28 billion!), even *without* the staking being approved. The sheer audacity. 🤨

Oh, and staking? Very trendy. 35.7 million ETH is locked away, roughly 30% of the total. Good luck getting it out, though. Apparently, there’s a 40-day exit queue. Forty. Days. Sounds…fun. 🎉

“When demand meets a shrinking supply like this, price doesn’t just go up, it goes nuclear.”

Crypto Gucci said that. I’m starting to think the name is deliberate. Anyway, someone named Ted Pillows – yes, Pillows – thinks ETH will hit $8,000 to $10,000. I mean, who doesn’t? It’s always *this* cycle. Always. 🫠

Also, and this is a little nugget of information, Ether is only inflating at 0.5% since the Merge. Bitcoin’s doing a whole 4%. So, you know, slightly less terrible? 🤷‍♀️

Nation-states next?

Apparently, if countries start buying up all the Ether, that’d be…even better? Like a fourth “supply vacuum.” Bhutan is building stuff *on* Ethereum, which is great, but they don’t actually *have* any Ethereum. Which, frankly, is a bit like opening a fancy bakery and not having any bread. Ryan Sean Adams made that point, and he’s not wrong. It needs to hold ETH to truly live its dreams. Deep. 🧐

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2025-10-15 09:20