The supply of Coinbase cbETH has dropped to 650,000, a decrease of over 50% compared to the previous period
ChainCatcher message, according to Dune data, since June 20, there has been a large amount of redemptions for Coinbase's Ethereum staking token cbETH, with the supply dropping from 1.4 million to below 700,000, a decrease of over 50% month-on-month, and now only 657,000 remain.