UPDATE: Everyone is watching the ETH price. Few are watching ETH supply. But that is, where the real story is unfolding.
Take a look at 7 Day Ethereum Supply Breakdown 👇
Despite an issuance of +18.6K ETH, the supply trend tells a different story:
• -163.1K ETH moved to Strategic Reserve
• -39.2K ETH flowed into ETF custody
• -1.3K ETH burned via base fees
More ETH is getting locked than created.
This is not just only deflation, it is Ethereum evolving into digital infrastructure
Ignore the noise. The supply curve is the signal. 📈
