Ethereum Scarcity Index Turns Positive as ETH USD Pushed Back Above $2,000

Ethereum has reclaimed $2,000 overnight with a modest +0.6% move to the upside as ETH USD continues to chop sideways as the broader market searches for direction.However, under the hood on Binance, a key supply metric just flashed a positive 0.67 reading. While price action looks hesitant, this signal suggests the order book is thinning out in favor of sellers.SOURCE: CryptoQuantThe Scarcity Index, tracked by CryptoQ…