Tom Lee: Ethereum supply has been continuously deflationary over the past year, with crypto treasury companies' buying and staking strengthening the trend.

CoinFeed reported on May 12 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, stated on the X platform that the Ethereum supply has been in a state of "deflation" over the past year, and the purchases and staking by Ethereum crypto treasury companies have further amplified this trend.