#ETH ecosystem is growing.

Supply distribution differs from the 2019 bear market. Half of the supply is staked in DeFi, ETH 2.0, etc.

It reminds me that ETH had nothing but ICO back in 2019. I'm glad now people talk about fundamentals.

Inflows to Exchanges for #BTC #ETH and #USDT have been steadily decreasing since the start of 2022 and are now all around or at all-time lows.