eth supply crisis is real. exchanges down to 12% while bitmine grabbed 833k eth in one month, sharpe took another 521k, and otc desks report zero inventory. when $190m in shorts get squeezed above current levels, violent repricing happens fast. ...

institutions torching $2.65b on eth while turkish police arrest ethereum devs. smart money doesn't care about headlines anymore; they're buying supply crisis at 18.9m exchange reserves, knowing $15b btc shorts face liquidation above $125k while otc desks report 175 btc available. ...

everyone's watching the $75M eth hitting exchangesbut look deeper:• 25% of all cbeth locked in morpho• treasury plays trading at record low premiums• 722k eth accumulated via fresh wallets• 1.6M eth absorbed by etfs vs 72k new supplysupply crisis building where nobody's looking ...