Ah, the Brief and the Beautiful
- Ethereum, that darling of the digital realm, has yet to dazzle us with a new all-time high during this latest bull cycle, languishing a full 50% from its previous peak. How positively tragic! 🎭
- Yet, our intrepid ETH holders are playing a game of hide and seek with their tokens, whisking them away from exchanges. Could a price rally be just around the corner, or is it merely a mirage? 🏜️
ETH: The Vanishing Act
Now, let’s discuss the curious case of assets on exchanges. When there’s a plethora, investors can toss them about like confetti, increasing the selling pressure. A veritable circus, if you will! 🎪
Conversely, when tokens are as scarce as a good cup of tea in a cheap café, the selling pressure diminishes, as investors prepare for a long, romantic rendezvous with their assets. Cold storage has been the traditional choice, but oh, how the times have changed! 🥂
According to the ever-so-reliable Santiment, our dear Ethereum holders have been busy relocating their treasures to DeFi and staking platforms, reducing the available supply on exchanges to a mere 9 million ETH. A record low, darling! 📉
That’s a staggering 16% less than just seven weeks ago. One must wonder if they’re preparing for a grand ball or simply hiding from the market! 💃
Thanks to the many DeFi and staking options, Ethereum’s holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015). There is 16.4% less $ETH on exchanges compared to just 7 weeks ago.
— Santiment (@santimentfeed) March 20, 2025
And When, Pray Tell, Will the Surge Occur?
As we’ve established, fewer tokens available for immediate trading should spell good news for our beleaguered asset. And goodness knows, ETH could use a bit of good fortune! 🍀
It gallantly rode the late 2024/early 2025 bull run, reaching a dizzying $4,000 on a couple of occasions. But alas, unlike its more flamboyant rivals SOL, BNB, and BTC, it was met with a rather rude rejection and sent tumbling downwards. Just last week, it found itself at a dismal $1,750, losing over 55% of its former glory. How positively scandalous! 😱
It flirted with the $2,000 mark earlier this week, but that romance was fleeting, leaving it to wallow beneath that threshold. It seems all gains made post-Trump’s election victory have evaporated, leaving it trading below early November levels. Its market dominance has dwindled from a robust 22% in early 2024 to a paltry 9% now. Oh, the humanity! 😩

Read More
- Who Is Harley Wallace? The Heartbreaking Truth Behind Bring Her Back’s Dedication
- Basketball Zero Boombox & Music ID Codes – Roblox
- 50 Ankle Break & Score Sound ID Codes for Basketball Zero
- TikToker goes viral with world’s “most expensive” 24k gold Labubu
- 50 Goal Sound ID Codes for Blue Lock Rivals
- Revisiting Peter Jackson’s Epic Monster Masterpiece: King Kong’s Lasting Impact on Cinema
- 100 Most-Watched TV Series of 2024-25 Across Streaming, Broadcast and Cable: ‘Squid Game’ Leads This Season’s Rankers
- League of Legends MSI 2025: Full schedule, qualified teams & more
- KFC launches “Kentucky Fried Comeback” with free chicken and new menu item
- All Songs in Superman’s Soundtrack Listed
2025-03-21 09:27