No Miner Sell Pressure Why Ethereum Could Outperform Bitcoin in Upcoming Rally

Ethereum supply on exchanges is at an 8-year low, setting the stage for a potential price surge. Ethereum is on the brink of a significant supply shock that could drive its price to new highs. A recent analysis by crypto analyst Lark Davis reveals that the Ethereum supply on exchanges is at an eight-year low, […]

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No Miner Sell Pressure Why Ethereum Could Outperform Bitcoin in Upcoming Rally

  • Ethereum supply on exchanges is at an 8-year low, setting the stage for a potential price surge.
  • The absence of miner sell pressure on Ethereum contrasts with Bitcoin, contributing to price stability.
  • Upcoming Ethereum ETFs are expected to attract significant institutional and retail investment interest.

Ethereum is on the brink of a significant supply shock that could drive its price to new highs.

A recent analysis by crypto analyst Lark Davis reveals that the Ethereum supply on exchanges is at an eight-year low, with only 10% of the circulating supply currently held on centralized exchanges (CEXs). This development sets the stage for a substantial increase in Ethereum’s value.

One key factor behind this potential surge is the lack of constant sell pressure from miners, a notable difference between Ethereum and Bitcoin. Unlike Bitcoin, which faces ongoing selling from miners, Ethereum does not experience this same level of sell pressure. This dynamic contributes to a more stable and potentially appr…

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