"1011 Insider Address" Trader Garrett Jin: As long as the US stock market doesn't crash severely, ETH reaching a new high will be "inevitable"

DeepFlowTech · 2026-01-16T12:42:03+00:00

DAT company purchases and locks in 5 million ETH, changing the long-term supply structure, reducing downward potential. ETH debt falling below $2000 in a bear market is almost impossible, and it is expected to follow BTC's path to new highs.

DeepFlowTech

2026-01-16 12:42:03

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Deep Tide TechFlow News, January 16 — “Insider Address 1011” operator Garrett Jin posted on social media that DAT has purchased approximately 5 million ETH and locked it out of circulation, changing the long-term supply structure of ETH and compressing the downside potential. The proportion of ETH on exchanges is even lower than BTC, making it “almost impossible” for ETH to fall below $2,000 in a bear market. ETH is following BTC's institutionalization path from January 2023 to November 2024. As long as the US stock market does not experience a severe crash, new highs for ETH are “inevitable.” Without DAT's involvement, ETH might fluctuate between $1,400 and $4,800 until the fundamentals change.

ETH-0,7%

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