Cecilialu
@cecilialu
Ether underperformed in August, falling 21% despite the launch of U.S. spot Ether ETFs. Ethereum’s inflationary supply dynamics, with issuance exceeding burning, could dampen the price. Ether ETFs witnessed significant outflows, exceeding $562.5 million, creating additional selling pressure. Network fees have seen a major decline, raising concerns about staker revenue and network security.
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