- 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)
EIP 1559 Will be releasing around end of July/ Early August. Making ETH a deflationary asset.
The recent trend shows that there is a lot of buying pressure coming in preparation for this. Fork is being respected very nicely and we're breaking through past levels at good pace. Low volume could be a concern, but glass node statistics show that supply of Ethereum is...
