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ANALYSIS: ETH Destruction Increased 163% YoY in the Past Week, May Be a Precursor to Higher Coin Prices
Bitget2024/09/25 14:30
On September 25, Lookonchain posted on social media that ETH destruction has increased 163% YoY over the past week. Prior to the January and October 2023 ETH price increases, there was a spike in daily ETH destruction.
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Data: Four addresses accumulated 580,000 LINK in 24 hours, worth approximately $13.86 million
Chaincatcher•2025/08/18 01:47
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Bitcoin
BTC
$115,911.74
-1.45%
Ethereum
ETH
$4,367.52
-1.16%
XRP
XRP
$3.02
-2.80%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$839.54
-0.94%
Solana
SOL
$184.85
-2.52%
USDC
USDC
$1
+0.02%
Dogecoin
DOGE
$0.2269
-2.31%
Cardano
ADA
$0.9266
+1.06%
TRON
TRX
$0.3488
+0.10%
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