CoinScoopEthereum Price Analysis: Supply Constraints May Drive ETH Toward $3,000
Ethereum is currently consolidating between $2,474 and $2,515, with analysts noting a significant reduction in exchange-held supply. With approximately 14.7 million ETH on exchanges and 35% of total supply locked in staking, a breakout above $2,626 could trigger a rally toward $3,000, while support remains critical at $2,400.
Summaries are written by AI from the original article. Not investment advice.