- EIP 1559 should be released early August.
- Eth supply has been leaving exchanges
- Eth amount being locked in smart contracts is still growing
- Eth unofficially flipped BTC in active users (first time ever in history)
Note
Insane bullish fundamentals.- In one day the amount of ETH locked away into smart contracts increased by 7%. This is the LARGEST increase in ETH history in such a short timeframe by FAR. The last time we saw something like this was Jan 2021 and the increase was 2%.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.