Ethereum ($ETH )
Headline: Ethereum Surges 2.56% as Exchange Supply Hits Multi-Year Lows
Ethereum (ETH) is showing strong relative strength, trading at $2,327.8 with an impressive +2.56% gain. This bullish momentum is driven by a significant drop in exchange supply, which recently fell to just 3.20% of total supply following major withdrawals . The total trading volume for ETH is 110.64M, with the live price at $2,324.3. Market structure is improving, with futures volume rising 24.26% to $36.18B, signaling renewed trader interest . While ETF outflows have created some headwinds, long-term holders are accumulating—Bitmine now holds nearly 5% of the total supply . A breakout above the $2,350 resistance level could open the door for a rally toward $2,400.
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