There are 2 Million Fewer ETH in Circulation Today, than if the Chain Remained Proof of Work.

Since Ethereum migrated from Proof of Work to Proof of Stake, the issuance has dropped dramatically. With the on-chain activity picking up from the depths of the bear market, the burn rate is now outpacing the issuance. So since the peak supply of ~120,520,000, in-circulation coins has dropped by a bit more than 47k, leaving about 120,476,000 today.

Additionally, since POW was inflating the supply, there would be about 122,480,000 in circulation today, meaning that these moves have decreased the supply by about 2 million from where it would have been. It's been 171 days, so this is really only the beginning.