Monster Ethereum supply squeeze incoming

Ethereum’s ( ETH ) supply on centralized exchanges (CEXs) has dropped to just 18.5 million ETH, the lowest it’s been in ￰0￱ part, the decline comes as a result of the weakening Bitcoin ( BTC ) dominance, with investor demand increasingly tilting toward Ethereum due to its yield potential . Accordingly, the market is speculating whether falling supply and rising demand could pave the way for a significant ￰1￱ Exchange Reserve.) have played a crucial role, with BlackRock ( IBIT ) and Fidelity ( FBTC ) alone reporting a 65% surge in assets under management (AUM) last ￰2￱ recent reclassification of Ethereum as a utility token has further legitimized its role in institutional ￰3￱ in all, the supply squeeze potentially represents the asset’s transformation from a speculative asset to a core institutional ￰4￱ image via Shutterstock