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.
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