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Ether Becomes Deflationary for First Time Since the Merge: Coinbase

The number of tokens fell by 4,000 over the last week as more ether was burned verifying transactions than was created, the report said.

Updated Apr 9, 2024, 11:13 p.m. Published Oct 13, 2022, 10:35 a.m.
Ether becomes deflationary for the first time since the Ethereum blockchain's software upgrade dubbed the "Merge." (SB7/Shutterstock)
Ether becomes deflationary for the first time since the Ethereum blockchain's software upgrade dubbed the "Merge." (SB7/Shutterstock)