Ether rally to $5.5K possible due to illiquid supply and bullish ETH futures signal

Illiquid supply, falling exchange reserves and accumulation from whales could send ETH price to $5,500.

Key takeaways:

More than 70% of the Ether supply is staked, underpinning a longer-term bullish environment.

Ether whales added more than 411,000 ETH in August.

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