Ethereum-Staatsanleihen brechen um 80 % ein, während der Handel nachlässt

tldr; Ethereum treasury purchases have dropped significantly, falling from 1.97 million ETH in August to 370,000 ETH in November, an 80% decline. Bitwise attributes this to the unwinding of the treasury model as smaller players struggle to compete. Bitmine, a major player, holds more Ether than all other treasuries combined, dominating the market. The decline in treasury purchases, coupled with constant new ETH supply, threatens the structural demand for Ethereum, with smaller treasuries facing potential extinction due to limited capital access and shrinking premiums.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.