Эфир на грани дефицита: аналитики предсказывают подъем цен на ETH Translation: Ethereum on the brink of shortage: analysts predict a price surge for ETH

Analysts have warned of an impending supply crisis.

The amount of Ethereum held on centralized exchanges has decreased to 8.7% of the total supply (approximately 16.6 million ETH), a level not seen since the network’s launch in 2015.

Since July 2025, this metric has dropped by about 20%. The sharp withdrawal of assets coincided with the rising popularity of Digital Asset Treasury (DAT) companies, which have begun to acquire the second-largest cryptocurrency by market capitalization.

At the time of writing, the total assets managed by these firms and exchange-traded funds (ETFs) reached 12.79 million ETH, which accounts for 11.6% of the coin’s supply.

Meanwhile, Bitcoin’s share on centralized exchanges stands at around 13.1% (2.76 million BTC), also at a historically low level.

An analyst known as Milk Road pointed out that Ethereum is quietly entering the period of its most restricted supply ever.

«ETH continues to flow into places where it isn’t being sold: staking, restaking, Layer 2 activity, data accessibility levels, collateral cycles, long-term holding. […] The coin’s supply is decreasing in the background while the market decides its next move,» the expert emphasized.

In his view, Ethereum will enter a rally phase once more buyers re-enter the market, only to face a supply shortage.

Currently, ETH is trading at around $3,000, with little change in price over the past 24 hours.

Recall that on December 3rd, developers successfully deployed the Fusaka upgrade on Ethereum’s mainnet.