🚨 ETH SUPPLY SHOCK INCOMING?
Since the Merge in Sept 2022, #Ethereum has only issued 374,988 ETH.
In just the last 3 weeks, $ETH ETFs have already bought 407,354 ETH.
That’s more than the entire net issuance of ETH in nearly 3 years..
ETFs bought it in just 21 days.
Let that sink in.
And ETH still hasn’t made a new ATH and is trading 40% below its ATH.
It’s not a question of if, but when.
$ETH is coiling for something massive