Ether Turns Deflationary as Amount of ETH Burned Spikes Amid FTX-Induced Market Volatility
Ether's net supply increase has turned negative for the first time since Merge.
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### Instruction: Ether Turns Deflationary as Amount of ETH Burned Spikes Amid FTX-Induced Market Volatility

### Response: Ether's net supply increase has turned negative for the first time since Merge.