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Ethereum supply decreased by 33,000 coins this week, equivalent to approximately $125 million

Ethereum supply decreased by 33,000 coins this week, equivalent to approximately $125 million

Cointime2024/03/09 03:59
By: Cointime
ETH+0.12%

Monitoring data from IntoTheBlock shows that Ethereum's weekly fees have exceeded $190 million, and the annualized fees have exceeded $10 billion for the first time since early 2022. Due to Ethereum's fee consumption mechanism, this also has an impact on the supply, with Ethereum's supply decreasing by 33,000 coins this week, equivalent to approximately $125 million.

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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