Ethereum Supply Shock Looms As ETH Nears All-Time High, While Maxi Doge Shatters $1.5M Barrier

Ethereum's ticking time bomb just got louder—supply shock warnings flash red as ETH flirts with record territory.

Meanwhile, Maxi Doge's meteoric rise proves once again that in crypto, meme magic still outperforms fundamental analysis.

The numbers don't lie: ETH's surge toward its peak coincides with Maxi Doge clearing a staggering $1.5 million—because why invest in utility when dog-themed tokens print life-changing money?

Traders scramble, analysts sweat, and the whole market holds its breath. This isn't just momentum—it's a full-blown financial spectacle.

Remember: in a world where 'number go up' is the only strategy that matters, even the most cynical Wall Street veterans are quietly buying the dip.

ETH price vs exchange reserve chart. Source: CryptoQuant

The strong supply absorption in Ethereum was driven by ETH ETFs and accumulation by treasury companies. The growing gap between supply and demand is creating a strong buying opportunity for investors.

However, Ethereum is still moving through a correction phase, and the spotlight has shifted to Maxi Doge, a new ERC-20 coin that’s gaining massive demand as the next explosive meme narrative.

Ethereum ETFs and Treasuries Driving Supply Shock

Institutional interest in ETH has continued to rise since the launch of its ETFs. Spot ETH ETFs are playing a central role in the rally. According to Glassnode, ETFs recorded a massive inflow of $6.85 billion in August 2025, adding to pressure on shrinking exchange holdings. 

Spot Ether ETF Net Flows. Source: Glassnode

Spot Ether ETFs recorded their biggest single-day gain on August 11th, bringing in over $1 billion. Both in price and ETF inflows, Ether outperformed Bitcoin by a wide margin, drawing massive investments from retail and institutional investors.

Along with ETFs, aggressive token accumulation by treasury companies is creating massive Ethereum news and is another major force of the supply shock. Corporate treasuries now hold over 3 million ETH tokens worth nearly $14 billion.

This trend indicates that traders are increasingly confident in the asset’s long-term value. By moving their assets off exchanges, big investors signal that they don’t plan to sell them anytime soon.

Ethereum Price Forecast Amid Shrinking Supply

CoinMarketCap data reveals the ethereum price is trading between $4,000 and $4,900 on the weekly chart. Its price has dipped by 6% from the previous swing high and currently sits at $4,602.

Prominent crypto trader MarlijnTrader recently shared his Ethereum price analysis on X (formerly Twitter). Marlijn believes the bull run is not over yet. Analyzing the past price action, he determines that the price has already broken through the supply levels and has achieved new heights.

ETHEREUM PASSED THE TEST

Jumped the creek. Spring left in dust.

The Wyckoff model only has one outcome here:
Parabolic markup. $6,000 $ETH is written in ink. pic.twitter.com/jPc8nG7lQJ

— Merlijn The Trader (@MerlijnTrader) August 25, 2025

According to his Wyckoff model analysis, Marlin believes ETH could surge to the $6,000 target level soon.

Daily time frame analysis indicates that the all-time high level of around $5,000 is a major resistance for ETH, and a MOVE upward could propel it to new target levels. On the other hand, it might fall to $4,000 level if it drops below $4,400.

Maxi Doge Becomes Best Meme Play With $1.5 Million Raised

With Ethereum undergoing a supply-demand imbalance, investors are turning to Maxi Doge (MAXI), the best meme token presale in town. 

Currently, the project is in the presale stage, and its native token is trading at just $0.000254. With over $1.55 million raised, MAXI has captured the interest of many retail and large investors.

The virality of this meme has gone through the roof as it aims to dethrone its cousin, Dogecoin, as the best meme coin. Maxi DOGE is attracting degen traders who believe in an “all-in” mindset and want to trade with a 1,000x leverage. 

Meme experts are calling it the upgraded version of Dogecoin. The project is banking on a true sense of meme coin, relying on just pure HYPE and virality. Meme traders are already liking it, as demand continues to skyrocket in its presale. 

With its roadmap set for upcoming DEX and CEX listings, along with futures platform launches for leverage traders, analysts see 100x gains in MAXI as just the beginning.

The post Ethereum News: Supply Shock Looms As ETH Trades NEAR ATH, Maxi Doge Surpasses $1.5M appeared first on icobench.com.