EthHub co-founder: ETH will witness net deflation throughout the entire bull market
EthHub co-founder sassal.eth stated on social media that EIP-1559 went live on August 5, 2021 (just as the last bull market was ending). The merge of ETH and subsequent large-scale issuance occurred on September 15, 2022 (in the midst of a bear market). Currently, ETH will experience net deflation throughout the entire bull market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The hardcore bearish whale's 20x leveraged BTC short position is now floating a profit of over $18 million.
Machi reduces 25x ETH long position, current liquidation price is $3,042.74
A smart money investor switched from long to short and opened a 3x leveraged short position of 1,000 BTC.