🚀 Ethereum Locked Supply Smashes ATH: Smart Money Doubles Down on ETH’s Long-Term Dominance

Ethereum just hit a supply lockdown not seen since the Merge—whales are stacking ETH like digital gold.

### The Great ETH Lock-Up

Staking, layer-2 bridges, and DeFi protocols are sucking up ETH faster than a yield farmer spotting a 10,000% APY. The result? Circulating supply craters while institutional players quietly accumulate.

### Wall Street’s Worst Nightmare

While traditional finance still argues about ‘blockchain vs. Bitcoin,’ Ethereum’s deflationary mechanics keep chugging along—proving, yet again, that code outperforms committee meetings.

### The Bottom Line

Smart contracts aren’t just eating the world—they’re locking it down. And for once, the ‘smart money’ might actually deserve its nickname.

Ethereum Leads Altcoin Revival: Strong Fundamentals And Technical Momentum

Ethereum is showing renewed bullish strength, acting as a key driver in the broader altcoin market recovery. After a prolonged consolidation phase that lasted several months, ETH has finally broken above the critical $3,000 mark, setting a new bullish structure and signaling the start of a potential macro uptrend. The recent price action has energized sentiment across the market, with many altcoins beginning to follow Ethereum’s lead.

Fundamentally, Ethereum remains one of the strongest assets in the space. According to on-chain data by Ted Pillows, the percentage of ETH supply staked has reached a new all-time high of 29.44%. This metric is critical, as it reflects growing long-term conviction from large holders and smart money. When ETH is staked, it is locked up and cannot be sold, suggesting that investors expect higher prices and are committed to holding through volatility.

All eyes are now on the key resistance zone between $3,500 and $3,600. If Ethereum manages to push through this area with conviction, it could trigger a broader breakout across the altcoin market. Many traders are closely watching this level as a catalyst for an explosive altcoin rally, fueled by increased capital rotation and technical momentum. A decisive break above resistance could validate the new bullish structure and mark the beginning of the next major expansion phase for ETH and the altcoin market at large.

Ethereum Reclaims $3,000 With Bullish Breakout Above Key Resistance

Ethereum (ETH) is showing strong bullish momentum on the 3-day chart, now trading at $3,071 after decisively breaking above the $2,850 resistance level. This breakout confirms a shift in trend structure following months of accumulation between $2,200 and $2,800. The recent surge has pushed ETH to its highest level since late January and sets the stage for a potential push toward the next major resistance at $3,500–$3,600.

The chart also reveals a bullish crossover as ETH trades above its 50-day, 100-day, and 200-day simple moving averages (SMAs), now at $2,241, $2,658, and $2,801, respectively. This alignment indicates increasing buyer control and reinforces the strength of the uptrend. Notably, the breakout was supported by a spike in volume, adding further conviction to the move.

With this momentum, ETH has formed a higher high on the macro timeframe, signaling the potential start of a broader trend reversal. If Ethereum can hold above $2,850 and maintain upward pressure, the next leg higher could be swift, especially as Bitcoin reaches new all-time highs and crypto legislation developments unfold during “Crypto Week” in the US Congress.

Featured image from Dall-E, chart from TradingView