ETHer supply on central exchanges is now at an 8-dear low.

ETH Spot ETFs are about to create a huge supply crunch.

As a result, the price of ETHer could skyrocket. 🚀

Are you prepared⁉️ What do you think will happen⁉️

Ethereum enthusiast, privacy advocate and Hambassador 🍖

Are the large ETF issuers buying from CEXes though? I would assume those are off-market block trades

PhD in aviation ∩ climate science | Aviator, diver, ETH maxi, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

I don’t think they will buy it from CEXs, agree it will be OTC but CEXs will have to get theirs from somewhere and if the OTC supply dries the price will rise I assume?

Yes, my guess it that it will come from whales and other institutionals — so in this sense it’s drawing the total whale supply of ETH, which I believe has been expanding lately as we’ve gone through an accumulation phase

What are your (price) expectations for this cycle?

I know it is highly speculative, but always good to hear many people’s opinion.