The amount of Ethereum’s supply concentrated in smart contracts has hit an all-time high post-merge. Smart contracts now create 0.45% of all Ethereum behind staked Ethereum at 0.57% and Exchange balances at 0.17%.
The chart below presents an area view of some of the largest concentrations of the Ethereum supply. Supply regions are shown as a ratio of circulating supply from bottom to top. The supply held on exchanges is shown in yellow, the supply held on Smart Contracts is shown in red,…
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