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Ethereum on Chain Net Cbeth Change

Ethereum

The net change in Coinbase Wrapped Staked ETH (cbETH) supply on the network.

Why it matters

It tracks flows into and out of a major liquid-staking derivative.

How it is built

cbETH minted is netted against cbETH redeemed over the period.

What to watch

Rising net cbETH signals growing liquid-staking demand routed through Coinbase.

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