"And it is true, Ethereum on exchanges is near the lowest it's ever been. And it's true, staking rate is at an all-time high, staking exit queue at zero, meanwhile price is at cycle lows. Hard to find a clearer bottom signal, guys."
Predictions closed
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… In fact, Tom Lee buys about 0.1% of the entire ETH supply every week. The backdrop for Ethereum, while this goes on, is that exchange balances are near record lows, more ETH keeps getting locked in staking, and ETF demand is growing. The supply shock is building. Most people won't notice until ETH is much higher. And it is true, Ethereum on exchanges is near the lowest it's ever been. And it's true, staking rate is at an all-time high, staking exit queue at zero, meanwhile price is at cycle lows. Hard to find a clearer bottom signal, guys. And remember, during crab markets like this, you can make even more money trading crypto. Big bonuses for trading on WazirX. They want your business. They don't want you choosing Coinbase or Binance. WazirX has been around a while, and now they're offering you a 50% deposit bonus on your first $100 or more, plus an additional 10,000 welcome bonus …