Analyst: 40% of ETH is in non-circulating status, ETH price may experience explosive growth

ChainCatcher news, according to Cointelegraph, analyst Crypto Gucci stated that Ethereum is experiencing unprecedented supply pressure in history, with 40% of ETH having exited circulation. Against the backdrop of record institutional demand, the price is expected to continue rising.

The analyst pointed out that Ethereum has never experienced three "supply vacuums" simultaneously in a single market cycle: First, Digital Asset Treasuries (DATs) have accumulated 5.9 million ETH, worth about $2.4 billion, accounting for 4.9% of the total supply; second, US spot Ethereum ETFs have purchased 6.84 million ETH, worth $2.8 billion, accounting for 5.6% of the total supply; finally, there are currently 35.7 million ETH staked, worth about $14.6 billion, accounting for nearly 30% of the total supply. Due to an exit queue as long as 40 days, most of these funds lack liquidity.

Crypto Gucci said: "When demand meets such a contracted supply, the price will not only rise, but will show explosive growth." Entrepreneur Ted Pillows predicts that the fair value of ETH in this cycle is $8,000-$10,000.