Companies holding Ethereum as treasury assets now purchase more ETH than is being issued

According to Jinse Finance, Anthony Sassano (@sassal0x), founder of The Daily Gwei, posted on X that the amount of ETH purchased by companies holding Ethereum as treasury assets has already surpassed the amount of newly issued ETH. In the past 30 days, approximately 77,000 new ETH have been issued (with a net issuance of about 57,000 ETH after accounting for burns). During the same period, Ethereum treasury companies purchased over 200,000 ETH.
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
xTAO to List on TSX Venture Exchange, Secures $22.8 Million Investment from DCG and Other Institutions
A major whale has recently accumulated 32,953 ETH at an average price of $3,552
Trending news
MoreCrypto prices
More








