$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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