Tom Lee: Ethereum supply has remained continuously deflationary over the past year, with purchases by cryptocurrency treasury firms and staking strengthening this trend
According to ChainCatcher, Tom Lee, co-founder of Fundstrat and chairman of BitMine, stated on X that Ethereum supply has remained "deflationary" over the past year, and purchases and staking by Ethereum treasury companies have further amplified this trend.
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
Brent Crude Oil Hits $116 as Markets Weigh Another Inflation Shock
S&P rewrites stock classification rules! $375 billions in funds may be forced to rebalance, major reshuffle for growth and value stocks
After S&P Dow Jones Indices adopts new stock classification rules, growth stocks and value stocks will undergo a reshuffling.
Bitcoin (BTC) Tanks Toward $80K, Ripple (XRP) Loses Key Support: Weekend Watch
Crypto prices
More
