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Tom Lee: Over the past year, Ethereum's supply has continued to deflate, with buying from crypto treasury companies and a strengthening trend in staking

2026-05-12 09:43:54

Tom Lee, co-founder of Fundstrat and chairman of BitMine, stated on the X platform that Ethereum's supply has been in a "deflationary" state over the past year, and the purchases and staking by Ethereum's crypto treasury company have further amplified this trend.

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