{"id":18389,"date":"2025-03-21T06:31:50","date_gmt":"2025-03-21T06:31:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18389"},"modified":"2025-03-21T06:31:50","modified_gmt":"2025-03-21T06:31:50","slug":"super-bullish-news-for-ethereum-holders-is-an-eth-surge-imminent","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18389","title":{"rendered":"Super Bullish News for Ethereum Holders: Is an ETH Surge Imminent?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Ethereum remained one of the altcoins that failed to chart a new all-time high during the most recent bull cycle and now stands 50% away from its local peak.<\/li>\n<li>However, ETH holders have continuously removed the number of tokens sitting on exchanges, which could suggest that a price rally could finally be around the corner.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/ETH-Predictions_CB-5.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-344965\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/ETH-Predictions_CB-5.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/ETH-Predictions_CB-5.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/ETH-Predictions_CB-5-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/ETH-Predictions_CB-5-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/ETH-Predictions_CB-5-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/ETH-Predictions_CB-5-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<h2>ETH on Exchanges Diminishes<\/h2>\n<p>The amount of a certain asset sitting on exchanges is a crucial metric that could determine the upcoming price movements. This is due to the fact that when there\u2019s more, investors can quickly dispose of them, which inherently increases the selling pressure. Additionally, it could be an example for other traders to follow suit.<\/p>\n<p>In contrast, when there are fewer tokens on trading platforms, the selling pressure is lower as investors are preparing to hold their assets for the long run. Although the most typical choice to store cryptocurrencies for years outside of exchanges has been cold storage, the advancements in the industry allow another option now.<\/p>\n<p>This has been the case with Ethereum, according to data from Santiment. The analytics platform said ETH holders have moved a substantial portion of their assets to DeFi and staking platforms, which has reduced the available supply on exchanges to less than 9 million ETH.<\/p>\n<p>This is the lowest number in almost ten years. Moreover, it\u2019s over 16% less than the ETH stored on exchanges just seven weeks ago.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Thanks to the many DeFi and staking options, Ethereum\u2019s 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 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a> on exchanges compared to just 7 weeks ago. <a href=\"https:\/\/t.co\/r5957wPhLi\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/r5957wPhLi<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1902851984182669545?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">March 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>So When a Surge?<\/h2>\n<p>As mentioned above, the fewer tokens available for immediate trading should spell good news for the underlying asset. And, we know that ETH is in dire need for such positive movements.<\/p>\n<p>The asset rode the late 2024\/early 2025 bull run in a somewhat impressive manner, going to $4,000 on a couple of occasions. However, unlike its rival SOL, BNB, BTC, and many others, it not only failed to chart a new all-time high but was violently rejected there and pushed south hard. Just a week ago, it <a href=\"https:\/\/cryptopotato.com\/ethereum-double-trouble-eth-prices-fall-below-1800-price-crash-amid-testnet-attack\/\" data-wpel-link=\"internal\">bottomed<\/a> at $1,750, thus losing more than 55% since its local peak.<\/p>\n<p>It <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-price-predictions-following-the-push-above-2000\/\" data-wpel-link=\"internal\">spiked<\/a> past $2,000 earlier this week, but that was short-lived, too, as it now struggles beneath that line. This means that it has erased all the gains charted after Trump\u2019s presidential election victory and now trades below the early November levels. Its dominance in the crypto market has shrunk in recent years, going from over 22% in early 2024 to under 9% now.<\/p>\n<figure id=\"attachment_388436\" aria-describedby=\"caption-attachment-388436\" style=\"width: 1835px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/ETHUSD.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-388436\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/ETHUSD.png\" alt=\"ETHUSD. Source: TradingView\" width=\"1835\" height=\"819\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/ETHUSD.png 1835w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/ETHUSD-300x134.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/ETHUSD-1024x457.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/ETHUSD-768x343.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/ETHUSD-1536x686.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/ETHUSD-50x22.png 50w\" sizes=\"auto, (max-width: 1835px) 100vw, 1835px\"><\/a><figcaption id=\"caption-attachment-388436\" class=\"wp-caption-text\">ETHUSD. Source: TradingView<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/super-bullish-news-for-ethereum-holders-is-an-eth-surge-imminent\/\" rel=\"nofollow\">Super Bullish News for Ethereum Holders: Is an ETH Surge Imminent?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Ethereum remained one of the altcoins that failed to chart a new all-time high during the most recent bull cycle and now stands 50% away from its local peak. However, ETH holders have continuously removed the number of tokens sitting on exchanges, which could suggest that a price rally could finally be around the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18389","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18389"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18389\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}