Ethereum (ETH) shows all the signs of a textbook supply shock, with record-low exchange balances, surging staking demand, and accelerating institutional inflows. Yet despite this tightening supply, the Ethereum price remains flat, leaving analysts debating whether retail selling is masking one of the most bullish setups in years. Ethereum Supply Drains While Bitcoin’s Climbs According to analyst Crypto Gucci, ETH reserves on centralized exchanges have fallen to fresh lows even as Bitcoin (BTC) exchange balances spike to multi-month highs. “Investors are hoarding ETH and dumping BTC…ETH supply shock incoming,” the analyst warned
source: https://beincrypto.com/ethereum-supply-shock-eth-price-flat/