Ethereum Liquidity Soars to Record $163.5B: Is a Massive Rally Imminent?

Ethereum just shattered all liquidity records—$163.5 billion flooding the ecosystem. That’s not just a number; it’s rocket fuel.

Why This Matters

Liquidity drives everything. More capital sloshing around means tighter spreads, lower slippage, and smoother trades. For ETH, it’s like switching from a backroad to a six-lane highway.

Market Mechanics Heating Up

High liquidity often precedes big price moves. Traders pile in when markets feel deep and efficient—no one wants to get caught in a shallow pool when whales dive.

Institutional Money Talking

This isn’t retail FOMO. $163.5 billion doesn’t materialize from meme traders. Hedge funds, family offices, and crypto-native funds are building positions—quietly, relentlessly.

The Cynical Take

Wall Street spent decades overcomplicating liquidity. Crypto just coded it. Now traditional finance is playing catch-up—with extra fees, of course.

What’s Next?

Watch the charts. Liquidity surges like this don’t happen in a vacuum. They either launch parabolic rallies or trigger violent consolidations. Either way—volatility’s back.

Stablecoin Liquidity and Network Revenue

Ethereum’s stablecoin supply has climbed to a record $163.5 billion in September 2025, up from $152 billion in August. The increase marks one of the strongest liquidity inflows to the network this year and supports activity across decentralized finance and trading platforms.

$ETH liquidity and strength building up

Stablecoin supply has climbed to $163.5B → record liquidity flowing into Ethereum

Network revenue over the last 180 days stands at $99.1M → strong fee capture

THE IMPACT

More liquidity means higher trading activity, deeper DeFi… pic.twitter.com/4YNhaIr4jN

— Cipher X (@Cipher2X) September 10, 2025

Ethereum also generated $99.1 million in network revenue over the past 180 days. The figure reflects steady demand for blockspace as users continue to pay transaction fees. Analyst Cipher X commented,

“More liquidity means higher trading activity, deeper DeFi markets and stronger price support.”

Meanwhile, ethereum remains the largest platform for DeFi, the total value locked standing at $90.9 billion. According to DefiLlama, this amount has slightly gone down in the last 24 hours, though overall levels are still close to yearly highs.

In addition, user movement is active. The network recorded 540,717 active addresses in one day alongside 64,794 new addresses. Daily transactions stood at 1.66 million, indicating a constant demand across applications such as lending, staking, and trading.

Trading Range and Market Outlook

ETH was trading at around $4,360 after nearly two weeks of sideways movement. Resistance sits at $4,500, with a potential MOVE higher targeting $4,883. On the downside, support is seen between $4,200 and $4,100, with deeper levels at $4,060 and $3,880.

Crypto analyst Ted noted,

“Either Ethereum will reclaim $4,500, or a lower flush will happen. Don’t overtrade until there’s a definite direction.”

He also highlighted that Ethereum generated $1.4 million in fees yesterday, the highest among all blockchains.

Long-Term Accumulation Perspective

A fresh monthly MACD crossover has appeared on Ethereum’s chart, which some traders view as a long-term shift after extended consolidation. Merlijn The Trader called it a “monster ignition,” suggesting renewed momentum.

Merlijn also shared an accumulation map, showing ETH NEAR $4,362 in the “Steady” band, just above “Still Cheap.” This area has historically aligned with accumulation phases for long-term holders and larger investors. The upper red zones, labeled “HODL” and “Take Profit,” have coincided in past cycles with retail-driven rallies and profit-taking.

ETHEREUM ACCUMULATION MAP LOADED

Retail panics in blue.
Whales load in green.

Right now $ETH sits where legends accumulate.
The red band? That’s where tourists FOMO in and whales dump on them.

The map is clear: accumulate when it’s quiet, not when it’s crowded. pic.twitter.com/GrTrKuA5m8

— Merlijn The Trader (@MerlijnTrader) September 9, 2025

With record liquidity, strong user activity, and technical signals aligning, Ethereum is at a point where its next move depends on whether price breaks above $4,500 or falls back toward lower support.