EtherFi eETH supply just crossed 3M after a \~400k weekly surge. At the same time, ETH ETF flows have remained steady rather than volatile. Suggesting less ETH floating, more ETH working (ETFs, restaking) Worth watching from a market-structure perspective.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
EtherFi eETH supply just crossed 3M after a \~400k weekly surge. At the same time, ETH ETF flows have remained steady rather than volatile. Suggesting less ETH floating, more ETH working (ETFs, restaking) Worth watching from a market-structure perspective.