Ethereum Exchange Balances Hit 9-Year Low as Accumulation Soars

- Ethereum’s exchange supply drops to historic lows, fueling bullish outlook. - Analysts highlight potential for a price surge driven by reduced ETH availability. On September 5, 2025, Cointelegraph reported that Ethereum’s cumulative exchange flux balance turned negative for the first time in history. This milestone reflects aggressive accumulation by investors and a sharp decline in the supply of Ethereum (ETH) on centralized exchanges, a pattern often linked to heightened market optimism. Market analysts view this historic shift as a strong signal for potential upward momentum in Ethereum’s price. Should ETH break through the critical $4,500 resistance level, it could pave the way for a rally toward new all-time highs. Fibonacci retracement levels indicate projected targets of $5,766, $6,658, and potentially $9,547. Data supports this outlook, showing Ethereum balances on exchanges have plummeted to their lowest levels in nine years. This trend underscores robust holding patterns among investors. Meanwhile, according to CoinMarketCap, Ethereum (ETH) was priced at $4,298.96 as of September 5, at 18:08 UTC, reflecting a slight 0.45% dip in its 24-hour trading volume.