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Author Topic: What is Market Cap  (Read 230 times)
squatter
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STOP SNITCHIN'


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February 25, 2020, 09:30:06 PM
 #21

That's the amount of mined ETH. The circulating supply is much higher.

Does anyone know an easy way to identify how much ETH is still untouched from the genesis block transactions?
In my opinion, it doesn't matter how much ETH have not been moved yet. Even untouched Ethereums should be considered circulating unless they are owned by developers. 
Assume that someone has bought 100,000 ETH in pre-sale and is still holding them. Those 100,000 ETH are part of real circulating supply.

I completely agree, it's all part of the circulating supply.

It's just a curiosity to me, sort of like watching untouched Bitcoin block rewards from 2009. Just like Satoshi's coins, huge lots of pre-sale ETH could still hit the market at any time, even as people speculate that they are lost.

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