🚀 TRX Supply Decreases by 2.41 Billion in One Year
#TRX #SupplyDecrease #Deflation #Cryptocurrency #PANews #Lookonchain
According to PANews, monitoring data from Lookonchain reveals that over the past year, the supply of TRX has decreased from 88.97 billion to 86.56 billion, marking a reduction of 2.41 billion TRX, valued at approximately $381.2 million. The annual deflation rate of TRX stands at -2.93%, indicating a continued deflationary trend.#TRX #SupplyDecrease #Deflation #Cryptocurrency #PANews #Lookonchain
🚀 Ethereum Sees Significant Decrease In WBTC Supply
#Ethereum #WBTC #Bitcoin #blockchain #cryptocurrency #supplydecrease #btcparser
According to Odaily, the supply of Wrapped Bitcoin (WBTC) on the Ethereum blockchain experienced a notable decline over a recent period. On November 16, the WBTC supply was recorded at 146,734 tokens. However, by November 24, this number had decreased to 140,890 WBTC, marking a reduction of 5,844 tokens within a week.
This significant movement in WBTC supply was highlighted by btcparser.com, a platform that monitors Ethereum transactions. The platform identified a transaction involving the destruction of 5,182.34 WBTC. The operators of btcparser.com noted that such a large movement of WBTC on the Ethereum chain is quite rare. Interestingly, this time, the tokens appear to have been destroyed, which adds an unusual aspect to the transaction.#Ethereum #WBTC #Bitcoin #blockchain #cryptocurrency #supplydecrease #btcparser