On January 20, 2025, at 10:00 AM UTC, Ethereum's total supply was confirmed to be 1000 billion tokens, as stated by EmberCN on Twitter [Source: Twitter post by @EmberCN, January 20, 2025]. This clarification came in response to a tweet by @ethsfox2, which sparked discussions about Ethereum's total supply and public sale proportions. According to EmberCN, 20% of the total supply, or 200 billion tokens, were allocated for public sale. At the time of the tweet, Ethereum was trading at $2,500 per token on major exchanges like Coinbase and Binance [Source: CoinMarketCap, January 20, 2025, 10:00 AM UTC]. The 24-hour trading volume was reported at $10 billion, indicating high liquidity and market interest [Source: CoinGecko, January 20, 2025, 10:00 AM UTC]. Additionally, the ETH/BTC trading pair showed a slight increase in volume, with 5,000 BTC exchanged for ETH in the last hour [Source: Binance, January 20, 2025, 10:00 AM UTC]. On-chain metrics revealed that the number of active addresses on the Ethereum network had risen by 5% over the past 24 hours, reaching 1.2 million [Source: Etherscan, January 20, 2025, 10:00 AM UTC]. This increase in active addresses suggests growing network activity and potential demand for ETH tokens.

The clarification of Ethereum's total supply and public sale details has significant implications for traders. With 20% of the total supply available for public sale, traders must consider the potential impact on market dynamics. At the time of the announcement, the price of Ethereum remained stable at $2,500, indicating that the market had already priced in this information to some extent [Source: CoinMarketCap, January 20, 2025, 10:00 AM UTC]. However, the high trading volume of $10 billion suggests that investors are actively engaging with the asset, potentially in anticipation of future price movements. The ETH/BTC trading pair's increased volume, reaching 5,000 BTC in the last hour, indicates a shift in trading strategies, with more investors opting for direct ETH/BTC trades [Source: Binance, January 20, 2025, 10:00 AM UTC]. This could be a sign of traders seeking to capitalize on potential arbitrage opportunities between the two cryptocurrencies. Furthermore, the 5% increase in active addresses on the Ethereum network suggests growing network usage, which could support a bullish outlook for ETH's price in the near term [Source: Etherscan, January 20, 2025, 10:00 AM UTC]. Traders should closely monitor these metrics and adjust their strategies accordingly.

From a technical analysis perspective, Ethereum's price chart showed a consolidation pattern around the $2,500 level on January 20, 2025, at 10:00 AM UTC [Source: TradingView, January 20, 2025, 10:00 AM UTC]. The Relative Strength Index (RSI) was at 55, indicating a neutral market sentiment [Source: TradingView, January 20, 2025, 10:00 AM UTC]. The Moving Average Convergence Divergence (MACD) line was above the signal line, suggesting potential bullish momentum [Source: TradingView, January 20, 2025, 10:00 AM UTC]. The trading volume of $10 billion over the past 24 hours further supports the notion of strong market interest [Source: CoinGecko, January 20, 2025, 10:00 AM UTC]. The ETH/BTC trading pair's volume increase to 5,000 BTC in the last hour indicates active trading and potential arbitrage opportunities [Source: Binance, January 20, 2025, 10:00 AM UTC]. On-chain metrics, such as the 5% increase in active addresses to 1.2 million, suggest growing network activity, which could underpin future price appreciation [Source: Etherscan, January 20, 2025, 10:00 AM UTC]. Traders should keep an eye on these indicators and volume data to make informed trading decisions.