<ul><li>Ethereum (ETH) may be poised to break the $5,000 mark for the first time, according to blockchain analytics platform CryptoQuant.</li><li>Spot Ethereum ETFs have seen a remarkable surge in holdings, reflecting growing investor interest.</li><li>Ethereum's total supply has reached 120 million ETH, its highest level since April 2023.</li><li>Using Ethereum's realized price, CryptoQuant estimates the current upper price limit at $5,200.</li></ul>

Ethereum supply squeeze and ETF demand set stage for $5,000 breakout

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