Record-Low Ethereum Supply Meets Billions in Inflows as ETH Price Targets $6K

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TLDR:

  • Ethereum ETFs bring in $2.5B–$3B weekly while exchange supply drops to its lowest in nine years.
  • Only 18.5M ETH remain on exchanges as institutional accumulation accelerates.
  • Staked ETH has reached an all-time high, tightening available supply for trading.
  • Price holds near $4,620 despite a minor daily dip, up over 18% in the past week. 

Ethereum is seeing one of its tightest supply situations in years. ETF inflows are pouring in weekly, exchange reserves are shrinking, and staking participation is climbing to record levels. 

Traders are watching as the second-largest cryptocurrency approaches its all-time high. The combination of steady Bitcoin prices and accelerating ETH momentum has sparked speculation of an incoming altcoin season.

Market watchers say this setup is rarely seen. Billions in new demand are arriving just as available supply drops to multi-year lows. If current trends hold, the market could see Ethereum push toward major resistance zones within weeks.

Ethereum Price Nears ATH as ETF Demand Surges

Data from multiple market analysts show Ethereum gaining over 18% in the past week while Bitcoin has traded in a narrow range. According to AltCryptoTalk, ETH is pushing toward its previous peak while BTC’s consolidation creates conditions that often precede broader altcoin rallies.

Institutional interest is evident. BitBull reported that $2.5B to $3B flows into ETH ETFs every week, alongside more than $20B in planned corporate purchases by year-end. This steady capital injection has added to existing bullish sentiment, with several traders setting a $6,000 first target if the rising channel structure holds.

However, price action remains sensitive to support levels. AltCryptoTalk noted that a break below $4,440 could trigger a correction to $4,000, an area where some long-term buyers may look to re-enter.

Exchange Supply Shrinks as Staking Hits Record Levels

Merlijn The Trader shared that only 18.5 million ETH now remain on exchanges, the lowest in nine years. This sharp reduction is attributed to both institutional accumulation and the growth of staking, which locks coins out of active trading.

Staked ETH is currently at an all-time high, further tightening liquidity. With less available on the open market, even moderate increases in demand could move prices quickly. ETFs and institutional players are now competing with DeFi protocols, stablecoin issuers, and retail investors for a dwindling supply.

Analysts warn that supply squeezes do not guarantee immediate price jumps but can accelerate moves once momentum shifts. In this case, the convergence of reduced supply and increased buying pressure is drawing close attention from traders and long-term holders.

Key Ethereum Price Levels and Market Outlook

At the time of writing, CoinGecko data shows ETH trading at $4,620.42, with a daily drop of 2.13% but an 18.58% rise over the week. Support remains firm at $4,440, while resistance sits near the previous all-time high.

ETH price on CoinGecko

Market bias stays bullish while Bitcoin holds above $109,500, as highlighted by AltCryptoTalk. Should ETH maintain its momentum, traders see the potential for a push toward $6,000 before year-end.

With ETF inflows continuing and supply on exchanges at historic lows, the coming weeks may define whether Ethereum can break into a new price range.

 

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