Everyone’s watching $ETH price right now...

But I think most are missing where the real story is unfolding: Ethereum supply. 👇

In the past 7 days:

• +18.6K ETH issued

• -163.1K ETH moved to Strategic Reserve

• -39.2K ETH into ETF custody

• -1.3K ETH burned

Net effect?

More ETH locked than created.

This isn’t just deflation — this is Ethereum turning into the settlement layer for the new financial internet.

Ignore the noise. The supply curve is the signal. 📉➡️📈