I just saw an explosive data - the Ethereum stock on exchanges has fallen to the historical low since 2015.

This is no ordinary number beat. Can you imagine? ETH on the market, which is readily available for trading, is disappearing at an alarming rate.

What happened behind the scenes? The two clues are intertwined into a big web:

**The supply side is shrinking**
A large amount of ETH is being withdrawn from exchanges and flowing to staking protocols, Layer 2 ecosystems, and long-term custody addresses. This scale of withdrawals is obviously not a retail operation. It's more like institutional players are quietly locking their positions.

**The demand side is gathering**
Just recently, Bank of America released a blockbuster news: starting in 2026, all of its wealth advisors will be able to directly recommend Bitcoin and Ethereum ETFs to customers. What does this mean? The trillions of funds lying in accounts in the traditional financial world finally have a compliance channel to enter the crypto market.

Looking at these two things together, the logic is very clear:
There are fewer coins available for trading.
Waiting for the money to buy is lined up to enter the market.

What happens when supply tightens meets demand explodes? Economics textbooks will tell you the answer.

ETH is now trading sideways around $3,000. But in the face of this macro narrative, the current price may only be the last window before the storm comes.

Ask a question: When Bank of America customers pour in real money in 2026, what price do you think Ethereum will stand at?