Ethereum Supply Surges by 15,481 ETH in 7 Days, Says Ultrasound.money Data

ETH

ETH/USDT

$1,719.34

+1.67%

$1,719.34

+1.67%

(24s)

24h Volume

$5,325,830,048.09

24h H/L

$1,733.89 / $1,690.11

Change: $43.78 (2.59%)

Long/Short

70.5%

Long: 70.5%Short: 29.5%

Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,725.65

▲ 0.85%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,824.96

Resistance 1$1,750.92

Price$1,725.65

Support 1$1,710.22

Support 2$1,613.66

Support 3$1,505.68

Pivot (PP):$1,721.20

Trend:Downtrend

RSI (14):40.4

According to reliable data from Ultrasound.money, reported by COINOTAG on September 17, the net supply of Ethereum has surged by 15,481 ETH over the last seven days. Within this period, there was an overall increase of 18,239 ETH, partially offset by the destruction of 2,758 ETH through its implemented destruction mechanism. Currently, the total circulating supply of Ethereum stands at 120,351,795 ETH, reflecting a supply growth rate of 0.671% annually. These metrics underscore the ongoing dynamic changes within the Ethereum blockchain, highlighting the balance between new supply and the destruction mechanism.

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