Main meals:

• Fast on the ether waiting list for instability recorded $ 3.8 billion, led by Lido, EthFi and Coinbase.

• Strategic reserves and ETF brams have jumped by 140 % since May 1.

• ETH support of $ 4200 is very important, exposing $ 1.2 billion in danger if the price is signs.

The ethereum ecological system has reached new levels, valued at 877,106 ETHER (ETH) $ 3.88 billion in the waiting list to withdraw, with a 15 -day waiting time on Friday. Data from Valitorqueue notes that the current number of active auditors exceeds 1.08 million, with 29.5 % of the total ETH supply, or about 35.3 million ETH.

IGNAS said that the increase in the non -fake ETH is largely moved by the best three liquid platforms. Lido 285,000 ETH is on the waiting list to withdraw, followed by ETHFI with 134,000 ETH and Coinbase with 113,000 ETH.

Although this height in ETH in the waiting list may mean achieving enormous profits, the analyst believes that the last accumulation and purchase of the fierce cabinet companies and the boxes circulated in ETH (ETF) accommodate a lot of sale pressure.

Data from strategies. The sharp increase emphasizes rapid unification of the ether supply in the hands of institutional players and the main founders.

Ignas highlights another bullish narration linked to the potential launch of the Eth Staking Etfs. The analyst suggests that some investors may now free liquidity to re -enter through these products later, which effectively enhances their exposure without leaving the ETH market completely.

Although the final deadline for the approval of SEC in April 2026, the Bloomberg analyst ETF Svbart notes that the green light may come much closer, perhaps early October 2025.

Related: Bet ETH will reach $ 5,000 by the end of August

How does “wait” affect the price of ether?

The large number of ETH in the waiting list is a double -edged sword to make ether. If the institutional flows persist, the ETH can be held under it and even the preparation of another higher leg. However, if these flows slow down, the unaccounted ETH accumulation can be burdened to the market.

The ether price faced a sharp correction on Thursday and Friday after printing the price of the price of the hot producers (PPI), which raised inflation concerns. With current prices about 4,500 dollars, it can mark the daily demand block or the internal liquidity area between 4,370 dollars and 4,160 dollars before moving towards the level of $ 5,000.

KIYOTAKA from the Crypto Intelligence platform told a large ETH liquidation collection ranging from $ 5,000 and $ 5200 on Wednesday. However, in the past 24 hours, pressure to Longs has turned, with more than $ 1.2 billion in positions at risk of liquidation near $ 4200.

If Eter fails to retain $ 4200, the following main support lies between $ 4100 and $ 3900, and is in line with the RERECTION range from 0.5-0.618 Vibonacci, often referred to as the “Golden Zone” to re -test the bullish direction. This region also overlaps at a previous high level, which increases its potential strength as a support zone.

Related: Rally Eter Ralle turns

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.