Ethereum Supply Crunch Looms as Whales Stack 1.29M ETH

Ethereum (ETH) may be on the verge of a supply crunch, as exchange reserves dwindle amid heavy accumulation by whales and growing institutional demand. ETH’s exchange supply is currently at record lows, while whales have bought 1.29 million tokens within one month. At the same time, the volume of staked ETH is at a record high. As demand surges, what does this looming squeeze mean for Ethereum price? Is it the catalyst that pushes ETH above $4,000?