ETH Supply Dynamics

The recent merge has led to a net deflationary effect on ETH, with a staggering 2.8 billion dollars of selling pressure removed from the market. Instead of minting new Ether, the network has reclaimed 12 million dollars of economic energy, benefiting all ETH holders. This shift not only stabilizes the asset's price but also acts as a dividend for average holders, highlighting the transformative impact of proof of stake on the Ethereum ecosystem.