Ethereum supply concentration in smart contracts hits all time high
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Another day, another hopium post, and another reason to mortgage my house and go all in on crypto
Go all in on LUNC and ICP. These coins are poised to do well, easily 100x from here.
Further proof that more work gets done in a bear market. Less distractions and more progress.
ETH has a bright future indeed
Im kinda dumb, so what does this indicate? More transactions and actual activities in the ethereum blockchain?
Yup. More people using-> more eth burning-> it goes crazy in the next bull Run.
tldr; The amount of ETH concentrated in smart contracts has hit an all-time high post-merge. Smart contracts now create 0.45% of all ETH behind staked ETH at 0.57% and Exchange balances at 1.17%. The data showcases where new ETH is being distributed, giving insight into network activity for new coins.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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