{"id":114,"date":"2025-05-20T06:57:11","date_gmt":"2025-05-20T06:57:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-exchange-supply-drops-to-10-year-low-amid-strong-whale-accumulation-is-3000-eth-price-incoming\/"},"modified":"2025-05-20T06:57:12","modified_gmt":"2025-05-20T06:57:12","slug":"ethereum-exchange-supply-drops-to-10-year-low-amid-strong-whale-accumulation-is-3000-eth-price-incoming","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-exchange-supply-drops-to-10-year-low-amid-strong-whale-accumulation-is-3000-eth-price-incoming\/","title":{"rendered":"Ethereum exchange supply drops to 10-year low amid strong whale accumulation \u2014 is $3000 ETH price incoming?"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum\u2019s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset.\u00a0<\/p>\n<p>According to a May 19 update by Santiment, less than 4.9% of Ethereum\u2019s (ETH) total supply is now held on exchanges, a record low in the network\u2019s 10+ year history. Santiment noted that over the last five years, 15.3 million ETH have been withdrawn from centralized trading platforms.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcc9 Ethereum has under 4.9% of its supply on exchanges for the first time in its 10+ year history. And Bitcoin&#8217;s supply on exchanges is down to just 7.1% for the first time since November, 2018.<\/p>\n<p>\ud83d\uddd3\ufe0f Over the past 5 years, there is:<\/p>\n<p>\ud83d\udc49 1.7M less Bitcoin on exchanges<br \/>\ud83d\udc49 15.3M less\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/kKn9s1m2mC\" target=\"_blank\">pic.twitter.com\/kKn9s1m2mC<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/santimentfeed\/status\/1924555052473061859?ref_src=twsrc%5Etfw\" target=\"_blank\">May 19, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>More recently, CryptoRank.io <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/cryptorank_io\/status\/1923875599275143300?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\">reported<\/a> on May 18 that over 1 million ETH have been withdrawn from exchanges in the past month alone. The platform noted that \u201cusers are increasingly choosing to accumulate Ethereum rather than trade it,\u201d pointing to long-term confidence in the asset.<\/p>\n<p>On-chain data shows that Ethereum whales,\u00a0wallets holding over 10,000 ETH, have <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/altcoingordon\/status\/1924307272525656237?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\">added<\/a> more than 450,000 ETH since late April. By May 10, these large holders owned 40.75 million ETH, the highest level since March, as tracked by Santiment.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Institutions are also showing growing interest. According to SoSoValue <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/m.sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\">data<\/a>, U.S. spot ETH spot ETFs have seen net inflows of $30 million in the last month, reversing a prolonged streak of outflows. At the same time, BlackRock\u2019s Ethereum assets under management have surpassed $2.9 billion, signaling continued accumulation.<\/p>\n<p>Analysts say ETH is becoming a key asset for institutional investors. In a May 12 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/adrianoferia\/status\/1921998852250378626?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\">post<\/a> on X, market analyst Adriano Feria wrote:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cETH remains the most natural choice for institutional diversification\u2026 It\u2019s the only crypto asset with ETF access, regulatory clarity, and built-in yield potential.\u201d<\/p>\n<\/blockquote>\n<p>Ethereum has also benefited from recent network upgrades. The Pectra upgrade, which went live on May 7, improved how Ethereum handles data. This has helped boost activity on Layer-2 networks built on Ethereum. According to L2Beat <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/l2beat.com\/scaling\/activity\" target=\"_blank\">data<\/a>, Base led the way with 259 million transactions in the past 30 days, and overall Layer-2 activity is up over 20% compared to the previous month.<\/p>\n<p>Meanwhile, the market is watching a possible Securities and Exchange Commission decision by June 1 on whether to allow staking for spot ETH ETFs. If approved, institutions could earn yield through these funds, which may attract more capital. BlackRock and other firms have argued that staking would make Ethereum ETFs more complete.<\/p>\n<p>According to some analysts, Ethereum may outperform Solana (SOL) and other tokens this bull cycle. Arthur Hayes, co-founder of BitMEX, stated in a recent interview that ETH is expected to do better in the upcoming bull market because of its robust security, vibrant developer community, and sizable user base. <\/p>\n<p>As of press time, Ethereum is trading at $2,535, marking a 57% increase in the last 30 days after a 45% drop in Q1.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum\u2019s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset.\u00a0 According to a May 19&hellip;<\/p>\n","protected":false},"author":1,"featured_media":115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=114"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/114\/revisions"}],"predecessor-version":[{"id":116,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/114\/revisions\/116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/115"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}