Ethereum’s supply decreases as large investors accumulate – will prices rise?

Since June 2025, addresses identified as accumulating have increased their ETH from 13 million to almost 28 million. This indicates strong buying from major investors, signaling a shift in available supply.

Grayscale is preparing to stake part of its 1.5 million ETH holdings, which would represent a significant move toward active institutional involvement in the network, potentially tightening supply further.