Ethereum Price Prediction As Exchange Supply Hits 9-Year Low: Legendary Investor Hints At 50x Rally

The Ethereum price slipped to $4,250 on Tuesday, down 11% from its recent $4,780 peak. However, its fundamentals continue to improve rapidly

Investors are bracing for a massive supply shock as the demand far exceeds the supply

Glassnode data reveals that Ethereum’s centralized exchange supply has dropped to a 9-year low. Meanwhile, whales, spot ETFs and treasury firms continue to accumulate the largest altcoin at an exceptionally high pace

Tom Lee, Chairman of BitMine, the largest ETH treasury firm, points out that the last time Ethereum’s CEX supply was this low, it was trading near $30 before surging 50x over the following months to reach $1,500.

Lee continues to reiterate that Ethereum is on the cusp of an explosive rally, with $16,000 a strong possibility this year and $66,000 in the long term. Recently, he revealed that BitMine and SharpLink Gaming treasury firms are viewing ETH as a potential 100x asset

Is A Massive Supply Shock Incoming For Ethereum?

The decrease in ETH’s supply on centralized exchanges is just another sign of an imminent supply shock

Back in July, market maker Wintermute reported that they were out of Ethereum for sale from their OTC desk

With an annual issuance rate of just 1.6%, only 2.5 million ETH have entered circulation in the three years since the Merge. Over the same period, Ethereum treasury firms have accumulated 2.9 million ETH, ETFs have added 6.5 million, and another 2.0 million ETH has been burned, a total of 8.9 million removed from supply, equivalent to 4.6 times the new issuance.

Over the past seven days, ETH accumulation has outpaced new issuance by 51 times, underscoring the intensity of current demand.

Notably, Ethereum treasury firms are nowhere near their targeted milestones. BitMine Chairman Tom Lee recently filed a supplementary prospectus to expand the firm’s common stock issuance capacity to nearly $24.5 billion, with the entire proceeds earmarked for buying and staking ETH.

Both BitMine and SharpLink Gaming are targeting 5% of the total ETH supply, and currently hold just 1.26% and 0.6%, respectively

Ethereum Price Prediction: Here’s When To Buy ETH And What Returns To Expect In 2025

The Ethereum price saw a sharp drawdown over the past few days. However, whales are already stepping in to buy the dip, with on-chain data platforms like Arkham and Lookonchain flagging hundreds of millions of dollars being invested into the largest altcoin

Prominent analyst Income Sharks indicates that there is no reason for ETH holders to panic sell their holdings. He highlights that on-balance volume (OBV) has been an excellent predictor of Ethereum’s price trajectory, which now appears poised for a bounce back

$ETH – Price action still looks bullish. It's funny how it's casually sitting well above $4k and people still trying to find reasons to paint it bearish. pic.twitter.com/TE9x0nkqyS

— IncomeSharks (@IncomeSharks) August 18, 2025

Income Sharks also highlights the $4000 – $4200 range as the best buy zone for sidelined investors

For 2025, BitMine’s Tom Lee forecasts Ethereum reaching between $10,000 and $15,000. While $15k might be a stretch, $10k has emerged as the consensus price target among seasoned traders

Ethereum Meme Coins Show Strong Correlation With ETH

Analysts continue to highlight Ethereum meme coins as excellent beta plays on ETH. Think meme coins like Pepe and Floki as leveraged ETH, without the risk of margin or liquidation

Simply put, more whales and retailers are looking to buy Ethereum than ever before, which makes it easier for them to swap a fraction of their coins into ETH meme coins

Even low-cap meme coins are in high demand. TOKEN6900, an ETH-based meme coin inspired by Solana’s successful SPX6900, has raised over $2.2 million in its ICO

With just 9 days left in its presale, the FOMO is reaching a fever pitch and whales aren’t wasting any more time to make sure they buy this new meme coin early. Just last week, a whale purchased $100k worth of T6900, data from Etherscan reveals

TOKEN6900 is a zero-utility meme coin. Just like Dogecoin and Pepe, it doesn’t believe in corporate earnings, oil prices and macro data, only community support, meme culture and brainrot finance

Moreover, it is a low-cap gem, which will likely hit the exchanges with a market capitalization of just $3 million. Low-cap meme coins tend to deliver outsized returns in a bull market. If the aforementioned Ethereum price predictions from analysts are true, ETH meme coins like TOKEN6900 could be the big-money ticket that investors are looking for

It is not without any reason that several crypto influencers are eyeing up to 100x returns from it

Visit TOKEN6900 Presale

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

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