Ethereum Supply Tightens as $6.13B Shorts Face $1,950 Test

NewsSat, 08 Aug 2026 05:30:00 UTC1 hour ago
Ethereum Supply Tightens as $6.13B Shorts Face $1,950 Test
Ethereum is facing a liquidity squeeze as exchange outflows and rising staking reduce the amount of ETH readily available for trading. Meanwhile, smart contract activity continues to grow, but ETH remains below the key $1,950 resistance, leaving traders watching for a breakout or renewed volatility.
Read from Source ยท tronweekly.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (tronweekly.com).

Related

Bybit Sues North Korea and Lazarus Group, Secures Preliminary Injunction Freezing Stolen Assets in Landmark Crypto Asset Recovery Effort

News36 minutes ago

Manchester City signs Gerรณnimo Rulli for โ‚ฌ2M from Marseille in bargain goalkeeper deal

News38 minutes ago

BlackRock clients purchase $38M worth of Ethereum through spot ETF

News40 minutes ago

DODO Jumps 11.2% in 60 Minutes Amid Market Activity

News42 minutes ago