Analysis: Ethereum has been in a state of inflation since mid-April, with an additional issuance of 350,000 ETH over half a year
According to on-chain analyst @ai_9684xtpa, Ethereum has been in a state of inflation since mid-April, with an increase of 350,000 ETH over half a year. The peak of Ethereum's destruction was in March this year (i.e., when BTC first reached ATH), and the amount of ETH destroyed has generally been decreasing since April. There was a brief rebound at the beginning of August due to the hype around Memecoin, but it quickly decreased again.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ViaBTC donates approximately 3 million HKD to support Tai Po fire relief and community reconstruction in Hong Kong
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level