Ether supply down 33,000 pieces, or about $125 million, this week
IntoTheBlock monitoring data shows that Ether's weekly fees are over $190 million, with annualized fees exceeding $10 billion for the first time since early 2022. Due to Ether's fee depletion mechanism, this has also had an impact on supply, with Ether supply down 33,000 pieces, or about $125 million, this week.
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
Nikkei Average Index gains expand to 2.78%
Surprise! Japan intervened in the forex market three times this summer, selling a record 154 trillion yen in three days
Japan has confirmed that it intervened in the foreign exchange market three times this summer, buying yen to support the exchange rate, corroborating earlier market reports. This included the first joint intervention with the United States to support the yen in nearly thirty years.
UBS CEO warns: A Democratic sweep could slow down AI capacity building, valuation concerns are "very important"
UBS CEO Ermotti stated that the U.S. midterm elections may slow down AI capacity building and that the valuations are questionable; he also warned of persistent inflation and the risk of contagion in the European bond market.
Nikkei 225 Rises 1.6% During Trading, Reaching 58,860.59 Points
Crypto prices
More
