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Novogratz’s Warning: ETH Supply Crunch Imminent—$4,000 in Sight

Novogratz’s Warning: ETH Supply Crunch Imminent—$4,000 in Sight

Investors take note: Galaxy Digital’s Michael Novogratz warns that Ethereum’s shrinking supply and corporate buying sprees could ignite a major rally.

“ETH is destined to hit $4,000—and soon,” he declared, citing a potential 8.5% surge. With giants like BitMine ($2B in ETH) and Sharplink ($1.3B) hoarding supply, Novogratz predicts ETH will “outperform Bitcoin in 3–6 months.”

His message? “The institutional wave is here, and $4,000 is just the start.”

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