Ethereum activity drops ether supply to lowest levels since August 2022
Ethereum's latest upgrade, Dencun, was activated on March 13 — but the previous high-profile upgrade has helped decrease the total supply of ether substantially. As of mid-week, the total supply of ether declined to its lowest level since August 2022, according to data from CryptoQuant cited by CNBC. It was shortly after that date that Ethereum made its most significant upgrade in history by changing from proof-of-work to proof-of-stake — an upgrade known as The Merge.
Source
https://t.me/CryptoMarketTime
