#ETH The 30-day burn rate fell to 2.7%, while the annual supply growth rate rose to 0.86%, significantly weakening ETH’s deflationary advantage.
However, active addresses on the ETH network reached 627,000, around 169,000 ETH flowed net out of exchanges in a single day, and whale long positions increased.
Keep a close eye on ETH/BTC! If capital flows and on-chain demand continue to strengthen, ETH may still outperform #BTC . The key is whether it can break through trend resistance.