ETH is at $2335 at the time I started writing this post. However, it was ~$1800 in the last 24hrs, making a substantial losses from $4000 ATH. That was when I decided to make this investigation in the ultra sound money assumption of ETH. Does having supply deflated really matters to its price performance? Therefore, I decided to dive into some on-chain data and make simple observations with a few plots. For a context, ETH switch from POW to POS on 15 September 2022, that was when ETH narrativ...

ETH is at $2335 at the time I started writing this post. However, it was ~$1800 in the last 24hrs, making a substantial losses from $4000 ATH. That was when I decided to make this investigation in the ultra sound money assumption of ETH. Does having supply deflated really matters to its price performance? Therefore, I decided to dive into some on-chain data and make simple observations with a few plots. For a context, ETH switch from POW to POS on 15 September 2022, that was when ETH narrativ...