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❕NEWS Is ETH Supply Crisis Coming?

aryan4

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Data from Glassnode shows that Ether reserves at central exchanges have not been this low since July 2018. Only 7% of Ether's circulating supply is held on exchanges.
CryptoQuant data shows that currently only 8.1 million ETH are in the reserves of central exchanges.
According to these data, is the ETH supply crisis approaching?
 
I don't know if what these data represents signals the coming of ETH supply crisis, but I'm curious if the supply crisis would mean a scarce availability of eth in circulation and if this would lead to a hike in eth price.
 
I don't know if what these data represents signals the coming of ETH supply crisis, but I'm curious if the supply crisis would mean a scarce availability of eth in circulation and if this would lead to a hike in eth price.
I looked back at the main source I reviewed the news. According to the additional information provided, if purchases continue at these rates, it is stated that there are approximately 10 days of ETH left in the exchanges to afford this.
 
If what the data is saying is true, that means prise of ethereum will soon sky rocket, I don't know if they are trying to reduce the number in circulation.
 
Data from Glassnode shows that Ether reserves at central exchanges have not been this low since July 2018. Only 7% of Ether's circulating supply is held on exchanges.
CryptoQuant data shows that currently only 8.1 million ETH are in the reserves of central exchanges.
According to these data, is the ETH supply crisis approaching?
I don't think that this will be the case because people will have need to sell their ethereum at some point in time . Moreover it can be mined
 
Well the crisis is happening and the forecast is not false. Some Ethereum where burned, while some where removed from centralized exchanges, which caused scarcity. Let's observe the next month and see what happens
Despite these factors , ethereum will continue to rise in coming days because of the use cases it have . It is likely going to reach the $5000 price value before the year runs out.
 
Data from Glassnode shows that Ether reserves at central exchanges have not been this low since July 2018. Only 7% of Ether's circulating supply is held on exchanges.
CryptoQuant data shows that currently only 8.1 million ETH are in the reserves of central exchanges.
According to these data, is the ETH supply crisis approaching?
according to last weeks exchange chart of ETH supply, i came to know that the ETH keep storing on other wallet than Exchange wallet. This will surely increase the ETH price due to less supply. But this is not a big problem for holder and whale. The more demand the more price.
 
How can this become a keypoint for that analizes?
Maybe many people still hodl their etherum in their wallet and wait for the right moment. Or maybe they go to NFT market..
 
Aren't.they burning and Ethereum is rising a lot these days because the demand is higher now.. big investors noticed it already even celebs do
 
Aren't.they burning and Ethereum is rising a lot these days because the demand is higher now.. big investors noticed it already even celebs do
They are burning but not from exchange or from holder. But whale are buying eth dip now while keep transfer them on hardware wallet for long term. This is what leading the ETH supply less on exchange.
 
They are burning but not from exchange or from holder. But whale are buying eth dip now while keep transfer them on hardware wallet for long term. This is what leading the ETH supply less on exchange.
Yeah whales are on the move and stacking their hodlings. Since eth is continuously rising so is the demand specially when big personalities buys.. it's a lot at once
 
Yeah whales are on the move and stacking their hodlings. Since eth is continuously rising so is the demand specially when big personalities buys.. it's a lot at once
Some people say eth and btc has no future but the reality is there will be days when eth will beat bitcoin and this two currency will control the full market. Other are just shit.
 
Their is no doubt, ETH can still experience crashes in price at same time increases after some time when investors pick out from where they sold off.
 
It's seems there are more holders in the market and this contributed to the low supply ,I am sure that if the news start spreading more people would want to accumulate more eth leading to the growth of the coin
 
Data from Glassnode shows that Ether reserves at central exchanges have not been this low since July 2018. Only 7% of Ether's circulating supply is held on exchanges.
CryptoQuant data shows that currently only 8.1 million ETH are in the reserves of central exchanges.
According to these data, is the ETH supply crisis approaching?
Many investors have kept a lot of money in ethereum, and thereby moving their investment into a cold or decentralized wallets. If gas fees can be dealt with, ethereum will gain a lot of adoption in the next few years.
 
The sharp jump in Bitcoin price over the past few months has left many wondering whether the Bitcoin growth is going to outstrip the supply of new bitcoins. There is no easy answer to this question
It's definitely going to do such a time will come ,but we should not think it's going to happen very quick ,when that time comes that is when the demand would rise because Bitcoin would be scarce
 
I don't think so because according to the panel average of 42 senior cryptocurrency specialists and academics, put together by personal finance comparison site Finder, predicted ethereum could be worth $4,596 by the end of 2021.
Yeah I believe ethereum could be worth such amount in years to come , the only big part is to just invest ahead as it is still very much cheap to buy
 

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