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Ethereum exchange balances hit record low as $700 Delta Price signals potential accumulation zone.

Technical Signals
11 Jun 2026
Coinpaper
View Source
Bullish
pluang ai news

Ethereum's exchange reserves have dropped to a record low of about 14.5 million ETH, indicating tighter available supply as investors move holdings off exchanges. Meanwhile, Ethereum's Delta Price, an on-chain metric comparing investor cost basis and miner production cost, is near $700—a level historically marking major market bottoms and deep accumulation zones. Analysts suggest that if Ethereum weakens, it could revisit this $700 level before starting a new uptrend. However, this scenario depends on Ethereum breaking key support levels, and the current data does not confirm an immediate drop. The low exchange balances suggest reduced selling pressure and a more constrained liquid supply, which could support stronger price moves if demand rises, though broader market factors remain influential.

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