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Ethereum (ETH) is showing strong bullish signals as on-chain data and market trends suggest a potential breakout toward $3,000. With exchange balances at a nine-year low and stablecoin activity surging, analysts predict explosive price movement. Spot Ethereum ETFs have also seen significant inflows, further fueling optimism.
- Ethereum exchange balances at a nine-year low (9M ETH), signaling supply scarcity.
- Stablecoin activity on Ethereum hits a record $251B market cap, fueling demand.
- Spot Ethereum ETFs attracted $1.17B in June, boosting institutional interest.
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