TechFlow, October 15 — According to Cointelegraph, analyst Crypto Gucci stated that Ethereum is experiencing unprecedented supply pressure, with 40% of ETH already removed from circulation. Against a backdrop of record institutional demand, prices are expected to continue rising.
The analyst noted that Ethereum has never before faced three simultaneous "supply vacuums" within one market cycle: First, digital asset treasuries (DATs) have accumulated 5.9 million ETH, worth approximately $24 billion, representing 4.9% of total supply; second, U.S. spot Ethereum exchange-traded funds have purchased 6.84 million ETH, valued at $28 billion, accounting for 5.6% of total supply; finally, 35.7 million ETH—worth about $146 billion and nearly 30% of total supply—are currently staked, with most funds illiquid due to a 40-day withdrawal queue.
Crypto Gucci said: "When demand meets such a constrained supply, prices won't just rise—they'll experience nuclear-level growth." Entrepreneur Ted Pillows forecasts the fair value of ETH in this cycle to be between $8,000 and $10,000.
