Ethereum ETF's daily purchase volume reached 93 times the network issuance, inflowing 1 billion USD.

[Golden Finance] Golden Finance reports that today's net issuance on the Ethereum network is approximately 2,537 ETH (worth $10.1 million). The net inflow of funds into the Ethereum ETF today is approximately 238,200 ETH (worth $1 billion). The amount of ETH purchased by the Ethereum ETF today is 93 times the net issuance of the Ethereum network.

ETH-3.08%
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HypotheticalLiquidatorvip
· 1h ago
93 times the issuance? The market distortion risk has skyrocketed.
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GasDevourervip
· 08-13 23:16
pump scheduled prepare to increase the position
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ValidatorVibesvip
· 08-13 02:02
ser this buy pressure is literally breaking tokenomics rn
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DecentralizedEldervip
· 08-12 03:26
IQ tax To da moon
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DaoDevelopervip
· 08-12 03:25
insane supply shock dynamics... 93x net issuance tbh
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consensus_whisperervip
· 08-12 03:24
How can one withstand such a fierce net inflow?
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Rekt_Recoveryvip
· 08-12 03:10
still holding eth bags from 2021... but this time feels different ngl
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ForkPrincevip
· 08-12 03:08
Brothers, hold onto your ETH and don't let go.
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