ETH supply hits a record low, on-chain capital flow intensifies reflexivity effect.

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Abstract generation in progress

On August 12, a certain analyst shared an article stating that the supply shock of ETH is unfolding in real-time. So far in the third quarter, the ETH on centralized exchanges has decreased by 6.7%. It has now fallen to its lowest level since July 2016.

As ETH treasury companies begin to implement on-chain strategies to enhance yield and per-share ETH holdings, this figure is expected to continue to decline.

More capital flowing into the chain may trigger a stronger reflexivity effect, meaning that market activity and fundamentals will further improve as price trends enhance.

ETH-7.02%
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MetaverseLandladyvip
· 08-15 00:42
Close your eyes and buy, bullish to the moon!
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faded_wojak.ethvip
· 08-15 00:38
Is the bull run starting like this?
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RooftopVIPvip
· 08-12 02:35
The ETH ecosystem is indeed the strongest.
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ParanoiaKingvip
· 08-12 02:32
To da moon before the big move
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BearMarketGardenervip
· 08-12 02:30
I don't speak very nicely.
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LiquidityWizardvip
· 08-12 02:30
ETH supply has already been tornadoed.
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DaoDevelopervip
· 08-12 02:25
looking at the merkle proofs... this supply shock's gonna be epic tbh
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ConfusedWhalevip
· 08-12 02:22
Silently go long
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