On October 21st, according to ultrasound.money data, the circulating supply of Ethereum has increased by over 40,000 since the merge. Previously, the circulating supply of Ethereum had decreased by over 300,000 before the merge due to reduced network activity, lower gas fees, and an increase in issuance compared to destruction. Currently, the amount of circulating supply reduction compared to before the merge has decreased to around 257,000.
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Since the Merger of Ethereum, the Circulation Has Rebounded to Over 40,000 When It Was at Its Lowest
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