Companies holding Ethereum as their treasury assets are now buying more coins than ETH is issued
Anthony Sassano, the founder of The Daily Gwei (@sassal0x), stated in a post on X that the amount of ETH purchased by companies holding Ethereum as their treasury assets has exceeded the amount of newly issued ETH. In the past 30 days, approximately 77,000 new ETH have been issued (with a net issuance of about 57,000 after deducting destruction). Meanwhile, during the same period, Ethereum treasury companies have purchased over 200,000 ETH.
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
CROSSUSDT now launched for futures trading and trading bots
BULLAUSDT now launched for futures trading and trading bots
BGB holders' summer celebration–a grand community giveaway! Trade 10 BGB to share 10,000 USDT!
New spot margin trading pair — ICNT/USDT!
Trending news
MoreCrypto prices
More








