Ethereum Price Pops As Supply Hits 10-Year Low, ETF Bets Rise And Accumulation Grows
Posted On May 20, 2025
Ethereum (CRYPTO: ETH) Price surged to roughly $3,125, about 2.3% higher than the previous day, extending last week’s rally sparked by the Pectra upgrade. The rise comes after on-chain data underscores the buying pressure, and traders noted ETH was broadly outperforming many altcoins as capital rotated into Ethereum.
Trading volume spiked by nearly 19% to about $12.4 billion, indicating heightened market activity. According to Santiment, only 4.9% of ETH’s total supply now sits on exchanges—the lowest level in a decade—implying strong accumulation. Wallets holding 10,000+ ETH have added roughly 450,000 ETH since late April, a bullish sign for holders.
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