Welcome to our new monthly Analyst Retrospective series.

In these reports, we'll look back on the previous month, sharing the most interesting (or weird) trends in the crypto markets.

Whether you are a long-term HODLr or a cautious investor trying to get a sense of this nascent asset class, we are confident that there is something you will find valuable in the attached report. Our aim is to simplify and improve access to on-chain data, and provide fundamental analysis to cut through the noise.

The first instalment of the series focuses on Ethereum. With Ethereum supply on leading exchanges continuing its downward spiral, could there be a major supply shock on the cards?

DISCLAIMER

THE INFORMATION CONTAINED WITHIN THIS PRESENTATION IS FOR PROFESSIONAL INVESTORS, REGULATED FINANCIAL ADVISERS AND THEIR INVESTORS ONLY. ALL INVESTMENT IS SUBJECT TO RISK. THE VALUE OF DIGITAL ASSETS MAY GO DOWN.