Anthony Sassano, co-founder of EthHub, tweeted that since the merger of Ethereum was completed a week ago, the supply of ETH has only increased by more than 5,000 pieces. If it is expected to increase by about 100,000 pieces in the case of PoW, this means that the net issuance of ETH has decreased. 95%. According to the current trend, it is roughly inferred that ETH will increase by 260,000 ETH in the next year, instead of 5.2 million in the case of PoW. In addition, most of the ETH increased by PoW may be sold by miners because they have to pay operating costs, but since PoW operating costs are significantly lower than PoW, most of the ETH increased by PoS may be held or re-staked, Once the market heats up again and the average Gas price is back above 15 Gwei, ETH issuance will be a net negative.