Ethereum Holders Pull Back Supply as BitMine Nears 5% Target

TLDR Ethereum exchange supply has fallen 73% from its June 2020 peak, dropping to 6.06 million ETH. More ETH is moving into staking, ETFs, corporate treasuries, and long-term custody. BitMine now holds 5.96 million ETH, equal to about 4.9% of Ethereum’s total supply. Ethereum ETFs recorded nearly $197 million in net inflows last week, followed [...]

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