US EditionEthereum Supply Tightens as Whale Inflows and Burns Soar
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Ethereum Supply Tightens as Whale Inflows and Burns Soar
Key Insights: Whales added 871K ETH on June 12, the highest daily inflow this year. ETH in 1k–10k wallets exceeds 14.3M, last seen in 2017 accumulation levels. Monthly Ethereum transactions hit all-time high at 24.69 million. Ethereum is experiencing a supply crunch as whale accumulation and fee burns are on the rise. Even after a recent decline in price, on-chain activity is at an all-time high, and deflationary pressure is building, with whal…
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