<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/23eba29b-d788-47ac-958e-6254cd12299a.jpg"></p><p>Ethereum's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest.</p>