According to the source, CryptoQuant on-chain data indicates the Ethereum (ETH) network processed about 1.7 million transactions in a single day, signaling a notable rise in on-chain activity, source: CryptoQuant. Under EIP-1559, higher block utilization raises the base fee and burns more ETH as gas is consumed, tightening net supply when demand spikes, source: Ethereum.org. Elevated activity can push gas prices and transaction costs higher and increase DEX execution costs, so traders should monitor gas price, base fee burn rate, and net issuance versus burn for execution and liquidity planning, source: Ethereum.org.

According to @rovercrc, 29% of the total ETH supply is now staked, source: @rovercrc on X. Staked ETH is not transferable while staked and requires a validator exit and withdrawal to become liquid, source: Ethereum.org Staking documentation. Liquid staking issues tradable tokens that represent staked ETH, allowing secondary-market liquidity for part of staked exposure, source: Ethereum.org Liquid staking overview. Traders assessing ETH liquidity and effective circulating supply can incorporate both the staked share and the prevalence of LSTs into their on-chain metrics, source: Ethereum.org Liquid staking overview.

According to @MilkRoadDaily (X, Aug 28, 2025), Bitmine’s ETH holdings reached 1.8 million ETH (about $8 billion) accumulated since mid-July, representing roughly 1.5% of the total ETH supply. According to @MilkRoadDaily (X, Aug 28, 2025), the wallet added 78,791 ETH today alone, worth about $355 million. Based on @MilkRoadDaily’s figures, the six-week accumulation pace averages approximately 300,000 ETH per week and around 42,000 ETH per day (source: calculation from @MilkRoadDaily data on X, Aug 28, 2025).

According to @rovercrc, ETH reserves on centralized exchanges are plunging while institutions are buying billions, a setup traders monitor for changes in readily available spot supply and liquidity (source: @rovercrc). For trading, track ETH net exchange flows, institutional-sized inflows, and spot-liquidity depth to validate or refute the supply narrative and adjust risk around potential volatility and breakouts (source: @rovercrc).

According to @OnChainCollege, BlackRock now controls almost 2% of the total Ethereum (ETH) supply as a result of ongoing ETF inflows. This substantial accumulation signals heightened institutional interest and could tighten ETH liquidity on major exchanges. Traders should monitor ETF flow data and BlackRock's holdings closely, as increased institutional ownership may impact price volatility and longer-term supply-demand dynamics (source: @OnChainCollege on Twitter, June 2024).