DeFi· ★★★· bearish·

Ethereum burns just 9.67 ETH in a day as supply grows by 2,946 ETH

  • —9.67 ETH burned versus 2,966 ETH issued — burn offsets just 0.33% of issuance
  • —Base fee at 0.0444 gwei; deflation requires 13.6 gwei
  • —30-day burn totals 2,018 ETH (~$5.24M) as supply rose 87,208 ETH
  • —Annual ETH inflation near 0.88%; a transfer now costs under $0.01
Why it matters: EIP-1559 is barely shrinking ETH supply, weakening the scarcity thesis investors rely on for the asset.
#ETH
Source: CryptoTicker
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