30% of Ethereum Supply Now Locked as Whales Accumulate Amid ETH Price Weakness
Ethereum’s community dynamics are shifting in a means that would reshape its market construction. On-chain information exhibits that roughly 30% of all Ethereum (ETH) provide is now locked in staking contracts, marking a report high for the protocol’s proof-of-stake ecosystem. Related Reading: Bitcoin Is ‘No Longer Digital Gold,’ Deutsche Bank Strategist Says Even as ETH…
