According to @cryptorover, an ETH supply shock is incoming, but the post provides no data, catalysts, or timeframe, indicating a market call rather than documented analysis (source: @cryptorover on X, Nov 7, 2025). Traders can validate or refute a supply-tight narrative by checking net issuance and burn mechanics, as post-Merge issuance fell sharply and EIP-1559 burns base fees, which can make ETH deflationary during high network activity (source: Ethereum Foundation; source: ethereum.org EIP-1559 documentation). A genuine float squeeze would typically coincide with declining exchange-held ETH reserves and increasing staking deposits, both of which reduce readily sellable supply (source: CryptoQuant research on exchange reserves; source: Beaconcha.in staking data). For trading impact, monitor ETH/USD and ETH/BTC for relative strength if on-chain supply metrics tighten alongside elevated burn rates and subdued exchange reserves (source: Binance Research market structure analyses).

According to @MilkRoadDaily, ETH has returned to market levels seen only three times historically, with these levels marking exhaustion in 2021 (source: @MilkRoadDaily). According to @MilkRoadDaily, over 1.5M ETH (approximately $8B) were purchased in August 2025, indicating record demand (source: @MilkRoadDaily). According to @MilkRoadDaily, ETH is now being bought faster than it is being issued, highlighting a supply-demand imbalance that differentiates the current setup from 2021 (source: @MilkRoadDaily).