Ether rally to $5.5K possible due to illiquid supply and bullish ETH futures signal


Ether rally to .5K possible due to illiquid supply and bullish ETH futures signal


Illiquid supply, falling exchange reserves and accumulation from whales could send ETH price to $5,500.

Key takeaways:

More than 70% of the Ether supply is staked, underpinning a longer-term bullish environment.

Ether whales added more than 411,000 ETH in August.

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