Ether supply down 33,000 pieces, or about $125 million, this week
IntoTheBlock monitoring data shows that Ether's weekly fees are over $190 million, with annualized fees exceeding $10 billion for the first time since early 2022. Due to Ether's fee depletion mechanism, this has also had an impact on supply, with Ether supply down 33,000 pieces, or about $125 million, this week.
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
Today’s Fear and Greed Index rises to 28, shifting from Extreme Fear to Fear
BitMine's newly created wallet receives over 18,345 ETH, worth approximately $55.25 million
YieldBasis: Launches fee conversion mechanism, distributing over $1.5 million in collected fees to veYB holders
Trending news
MoreCrypto prices
More
