{"id":89915,"date":"2025-10-15T12:43:44","date_gmt":"2025-10-15T09:43:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89915"},"modified":"2025-10-15T12:47:21","modified_gmt":"2025-10-15T09:47:21","slug":"analyst-predicts-an-explosive-ethereum-rally-as-supply-dries-up","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/analyst-predicts-an-explosive-ethereum-rally-as-supply-dries-up\/","title":{"rendered":"Analyst predicts an &#8216;explosive&#8217; Ethereum rally as supply dries up"},"content":{"rendered":"<p>About 40% of the total supply of the world\u2019s second-largest cryptocurrency is out of active circulation\u2014an unprecedented level in Ethereum\u2019s history, noted an analyst known as Crypto Gucci.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">ETH\u2019s supply is disappearing faster than ever \ud83d\udd25<\/p>\n<p>Over 40% of all <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> is currently locked out of circulation and is continues to climb rapidly <\/p>\n<p>Ethereum has never experienced a market cycle with all three supply vacuums active at once:<br \/>\u2014 DATs didn\u2019t exist last cycle<br \/>\u2014 Spot ETFs\u2026 <a href=\"https:\/\/t.co\/Y4FtW7Rmzg\">https:\/\/t.co\/Y4FtW7Rmzg<\/a><\/p>\n<p>\u2014 Crypto-Gucci.eth \u1d4d\u1d50\ud83e\udd87\ud83d\udd0a (@CryptoGucci) <a href=\"https:\/\/twitter.com\/CryptoGucci\/status\/1978166909180039485?ref_src=twsrc%5Etfw\">October 14, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Ether is going through a cycle for the first time in which three liquidity-sapping forces are active at once,&#8221; he wrote. <\/em><\/p>\n<\/blockquote>\n<p>These include corporate treasuries (5.9m ETH) and spot <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a>s (6.68m ETH), which were absent during the previous bull market. Together they account for 10.5% of Ethereum\u2019s supply. The largest share is <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a>\u201448m coins, or 29.5% of the total.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"327\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-695ebdef67253785-6913881876693270-1024x327.png\" alt=\"image\" class=\"wp-image-267577\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-695ebdef67253785-6913881876693270-1024x327.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-695ebdef67253785-6913881876693270-300x96.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-695ebdef67253785-6913881876693270-768x245.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-695ebdef67253785-6913881876693270-1536x490.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-695ebdef67253785-6913881876693270.png 1804w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.strategicethreserve.xyz\/\">Strategic ETH Reserve<\/a>. <\/figcaption><\/figure>\n<p>The expert stressed that Ethereum has entered this cycle with record institutional demand and extremely low liquidity. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;When rising demand meets shrinking supply, the price does not just rise\u2014it soars to the skies,&#8221; he added. <\/em><\/p>\n<\/blockquote>\n<p>Since the network\u2019s <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-activates-the-merge-blockchain-shifts-to-pos\">transition<\/a> to <a href=\"https:\/\/forklog.com\/en\/news\/proof-of-stake-how-it-works-and-why-it-is-so-popular\">Proof-of-Stake<\/a> in 2022, the cryptocurrency\u2019s supply has increased by 0.6%. By comparison, bitcoin\u2019s supply rose by 4% over the same period.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-4d9b3e4a6a4c5c6e-6913900762887802-1024x640.png\" alt=\"image\" class=\"wp-image-267578\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-4d9b3e4a6a4c5c6e-6913900762887802-1024x640.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-4d9b3e4a6a4c5c6e-6913900762887802-300x188.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-4d9b3e4a6a4c5c6e-6913900762887802-768x480.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-4d9b3e4a6a4c5c6e-6913900762887802.png 1120w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/ultrasound.money\/?timeFrame=since_merge\">Ultrasound.Money<\/a>. <\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Forecasts for Ethereum <\/h2>\n<p>Analyst Ted Pillows reckons that, thanks to institutional demand and the addition of staking to exchange-traded funds, Ethereum\u2019s price could reach $8,000\u201310,000 by early 2026. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> will catch up with the M2 supply in Q4.<\/p>\n<p>The fair value of Ethereum is $8,000-$10,000 by Q1 2026.<\/p>\n<p>With institutional bidding and staking approval, I think ETH will rally hard. <a href=\"https:\/\/t.co\/GWhdqetubr\">pic.twitter.com\/GWhdqetubr<\/a><\/p>\n<p>\u2014 Ted (@TedPillows) <a href=\"https:\/\/twitter.com\/TedPillows\/status\/1977751681640366217?ref_src=twsrc%5Etfw\">October 13, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>BitMine chairman Tom Lee reaffirmed a $10,000 target for the second-largest cryptocurrency by the end of 2025. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;For Ethereum I expect a price in the range of $10,000 to $12,000,&#8221; he said on an episode of <\/em><a href=\"https:\/\/www.youtube.com\/watch?v=FpO2RllR7b8\"><em>Bankless<\/em><\/a><em>. <\/em><\/p>\n<\/blockquote>\n<p>Also on the episode, BitMEX founder Arthur Hayes noted that he intends to &#8220;stay consistent&#8221;, so he, too, sticks to a $10,000 target.<\/p>\n<p>Lee emphasised that such a rise would not be a sign of an overheated market. After peaking at $4,878 in 2021, he said, Ethereum has largely consolidated in a sideways trend. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;In essence, the asset was in an accumulation phase for all four years and only recently broke out of the range, so for me this is not a sign of a final top but rather an opening up of new price levels,&#8221; the expert explained. <\/em><\/p>\n<\/blockquote>\n<p>The cryptocurrency approached its peak levels in August and <a href=\"https:\/\/forklog.com\/en\/news\/week-in-review-ethereum-hits-a-new-ath-as-two-bitcoin-pools-seize-51-of-hashrate\">set<\/a> a new record of $4,946. At the time of writing the altcoin trades around $4,200. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"603\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-dd33af7e636cb9d8-6913934417284409-1024x603.png\" alt=\"image\" class=\"wp-image-267580\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-dd33af7e636cb9d8-6913934417284409-1024x603.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-dd33af7e636cb9d8-6913934417284409-300x177.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-dd33af7e636cb9d8-6913934417284409-768x452.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-dd33af7e636cb9d8-6913934417284409-1536x905.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-dd33af7e636cb9d8-6913934417284409.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly ETH\/USDT chart on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3AETHUSDT\">TradingView<\/a>. <\/figcaption><\/figure>\n<p>MN Capital founder Micha\u00ebl van de Poppe is also optimistic. During the drop on October 12th, he said, the ETH\/BTC pair hit 0.032, which turned out to be an &#8220;ideal zone for buys&#8221;.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> hit the ideal zone for buys and I think it&#8217;s ready for a trend switch.<\/p>\n<p>What does it need?<\/p>\n<p>A higher low and then we&#8217;re off towards new highs. <a href=\"https:\/\/t.co\/B0Ef0VCBVJ\">pic.twitter.com\/B0Ef0VCBVJ<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1978062478815990098?ref_src=twsrc%5Etfw\">October 14, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;It needs to form a higher low, and then we are off towards new highs,&#8221; the analyst emphasised. <\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">ETF inflows resume <\/h2>\n<p>By the close on October 14th, spot Ethereum ETFs drew $236.22m. Fidelity\u2019s FETH led with $154.62m. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"583\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a3c2e4e706017d66-6913971567551764-1024x583.png\" alt=\"image\" class=\"wp-image-267581\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a3c2e4e706017d66-6913971567551764-1024x583.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-a3c2e4e706017d66-6913971567551764-300x171.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-a3c2e4e706017d66-6913971567551764-768x437.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-a3c2e4e706017d66-6913971567551764-1536x874.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-a3c2e4e706017d66-6913971567551764.png 1828w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Daily flows for spot Ethereum ETFs. Source: <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\">SoSoValue<\/a>. <\/figcaption><\/figure>\n<p>At the start of the week, the instruments <a href=\"https:\/\/forklog.com\/en\/news\/crypto-etf-outflows-surpass-750-million-following-major-liquidations\">faced<\/a> outflows totalling $183m amid one of the biggest <a href=\"https:\/\/forklog.com\/en\/news\/black-saturday-11-october-what-happened\">market sell-offs<\/a>. <\/p>\n<p>Spot bitcoin ETFs took in $102m after $330m had been withdrawn. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-246860be5eeac334-6913984658289335-1024x575.png\" alt=\"image\" class=\"wp-image-267582\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-246860be5eeac334-6913984658289335-1024x575.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-246860be5eeac334-6913984658289335-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-246860be5eeac334-6913984658289335-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-246860be5eeac334-6913984658289335-1536x863.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-246860be5eeac334-6913984658289335.png 1826w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Daily flows for spot bitcoin ETFs. Source: <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\">SoSoValue<\/a>. <\/figcaption><\/figure>\n<p>Earlier, the Kingdom of Bhutan <a href=\"https:\/\/forklog.com\/en\/news\/bhutan-to-transition-national-id-system-to-ethereum\">announced<\/a> it would move its national ID system to Ethereum. Full migration is expected by the first quarter of 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About 40% of Ethereum\u2019s total supply is out of active circulation\u2014an unprecedented level for the network.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Tom Lee and Arthur Hayes see ETH at $10,000 by year-end.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1193,1146,569,46,1138,919],"class_list":["post-89915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arthur-hayes","tag-cryptocurrency-market-forecasts","tag-etf","tag-ethereum","tag-opinions","tag-tom-lee"],"aioseo_notices":[],"amp_enabled":true,"views":"314","promo_type":"1","layout_type":"1","short_excerpt":"Tom Lee and Arthur Hayes see ETH at $10,000 by year-end.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89915"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89915\/revisions"}],"predecessor-version":[{"id":89916,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89915\/revisions\/89916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}