Ethereum Exchange Supply Hits Record Low as AlphaPepe Nears Sellout

Ethereum's exchange supply has hit a new low of 3.49% as fewer coins are available for trading, according to data from Santiment.

This development comes as AlphaPepe is nearing sellout on its Stage 20 tier, priced at $0.03111 per ALPE token, with the allocation filling up quickly.

The reduced exchange supply could drive demand and potentially lead to a price surge in Ethereum, but this would require buyers to step in soon enough to create sustained momentum.