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Ether supply down 33,000 pieces, or about $125 million, this week

Ether supply down 33,000 pieces, or about $125 million, this week

2024/03/08 20:55
ETH+2.07%

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.
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