Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth

Introduction
Ethereum has surged past the $3,000 mark, marking its highest price since late January. This milestone in Ethereum's locked supply underscores a growing confidence among smart money investors, who are betting on its long-term growth potential in a market energized by the recent all-time highs of Bitcoin.

Global Crypto News & Regulatory Developments
This bullish trend coincides with renewed optimism within the crypto ecosystem as the US Congress gears up for “Crypto Week”. Key regulatory debates and potential legislation could significantly influence the future of digital assets, making it a pivotal period for market participants.

Key Highlights:

• Ethereum’s Breakout: The recent price surge above $3,000 signals a robust retracement in momentum, supported by strengthened on-chain fundamentals and growing institutional interest.
• Bitcoin’s Record Highs: Continuous rallies in Bitcoin are positively impacting broader market sentiment, adding to the confidence in Ethereum’s long-term prospects.
• Impact of Crypto Week: Regulatory discussions in the US Congress could reshape the digital asset landscape, providing both opportunities and challenges for crypto investors.
• On-Chain Fundamentals: Increasing locked supply within Ethereum highlights investor confidence and a shift towards long-term holding strategies.
• Portfolio & Tax Considerations: Investors should consider crypto tax tips and strategies on how to build a resilient crypto portfolio, balancing growth with risk management.

Smart Money & Long-Term Growth
Investors are not just riding the price wave but are also placing strategic bets on Ethereum's future. With smart money allocations in locked supply and a focus on sustainable growth, Ethereum appears poised to maintain its status as a cornerstone of digital asset portfolios in the coming year.

Takeaways
• Ethereum’s recent surge is a testament to its growing adoption and investor confidence.
• Global regulatory discussions during the upcoming Crypto Week could provide critical momentum for the market.
• Incorporating strategies such as effective crypto tax planning and diversified portfolio design is essential for harnessing long-term gains in a volatile market.