Ethereum: Massive Supply Shock Fuels 50% Price Surge

Over one million Ethereum has exited exchanges in just 30 days, dramatically shrinking available supply and fueling a 50% price jump. This rapid outflow coincides with growing investor demand, signaling strong holding behavior and potential for further upside momentum. While bullish indicators like the MACD crossover suggest positive trends, caution remains due to overbought RSI readings and active profit-taking by cautious traders.