Analyst: 40% of ETH is in a non-circulating state, and the price of ETH may experience a nuclear explosion pump.

According to ChainCatcher news, reported by Cointelegraph, analyst Crypto Gucci stated that Ethereum is experiencing unprecedented supply pressure, with 40% of ETH having exited circulation. Against the backdrop of record institutional demand, prices are expected to continue to rise. The analyst pointed out that Ethereum has never experienced three “supply vacuums” simultaneously in a market cycle: first, the Digital Asset Treasuries (DATs) have accumulated 5.9 million ETH, worth approximately $24 billion, accounting for 4.9% of the total supply; second, U.S. Spot Ethereum exchange-traded funds have purchased 6.84 million ETH, worth $28 billion, accounting for 5.6% of the total supply; finally, currently, 35.7 million ETH are staked, worth approximately $146 billion, accounting for nearly 30% of the total supply. Due to a withdrawal queue lasting 40 days, most of the funds lack liquidity. Crypto Gucci stated, “When demand meets such a constricted supply, prices will not only rise but also experience a nuclear explosion in growth.” Entrepreneur Ted Pillows predicts the fair value of ETH in this cycle to be between $8000 and $10000.