tldr; According to on-chain data, as the merge approaches, the dominant behavior across the Ethereum network is to HODL. From July 28, the first 7-year holders began to show and now hold over 2% of the supply. Bitcoin has an in-built inflation rate of 1.7%, whereas Ethereum could see deflation of 4%.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
