Ethereum Exchange Supply Falls to 15.5M ETH as On-Chain Momentum Turns Bullish

Crypto Insight Summary: Ethereum exchange supply hits a multi-year low as MVRV momentum turns bullish and ETH defends $2,438. Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Exchange supply decline and bullish momentum indicate strong holder confidence.