Good news comes again from the Ethereum ecosystem. The number of ETH locked in the PoS network has hit a new all-time high, surpassing 36 million. What does this mean? Based on circulating supply, this staked ETH accounts for nearly 30%. In USD value, we're talking about over $118 billion locked in staking contracts.
From the perspective of long-term holders, this number is quite interesting. A large amount of ETH is locked within the ecosystem, leading to relatively decreased liquidity, and the available trading chips in the market have actually become fewer. On one hand, this indicates that market participants remain optimistic about Ethereum's long-term prospects; on the other hand, it also hints that bullish forces are gradually accumulating. Time, sometimes, is on the side of those who are patient.
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ApeDegen
· 01-16 10:34
36 million tokens locked, this is what true conviction looks like. Retail investors are still debating whether to buy or not.
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DAOdreamer
· 01-15 09:59
36 million tokens are locked, indicating that everyone is betting on the future of Ethereum. This move is indeed quite aggressive.
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SmartContractDiver
· 01-15 09:58
36 million tokens locked, making it even harder for retail investors to buy the dip.
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SchrödingersNode
· 01-15 09:57
36 million tokens locked, liquidity is becoming increasingly scarce. This is the true foundation of confidence.
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SchroedingersFrontrun
· 01-15 09:54
36 million tokens are locked, this is confidence, so comfortable.
Are you accumulating chips again? Even veterans play like this.
Over 100 billion dollars are sitting inside, indicating that people haven't left yet, this is a good sign.
With such a high staking rate, retail investors have probably been washed out already haha.
If you have patience, you can win? Then I must be useless since I'm so impatient.
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MiningDisasterSurvivor
· 01-15 09:40
I've experienced the 2018 mining disaster, and I'm tired of hearing that rhetoric. Locking in ≠ optimistic; it's just that liquidity has been fractured. When the time comes to dump, you won't be able to move. $118 billion trapped in contracts sounds like a prelude to a Ponzi scheme.
Good news comes again from the Ethereum ecosystem. The number of ETH locked in the PoS network has hit a new all-time high, surpassing 36 million. What does this mean? Based on circulating supply, this staked ETH accounts for nearly 30%. In USD value, we're talking about over $118 billion locked in staking contracts.
From the perspective of long-term holders, this number is quite interesting. A large amount of ETH is locked within the ecosystem, leading to relatively decreased liquidity, and the available trading chips in the market have actually become fewer. On one hand, this indicates that market participants remain optimistic about Ethereum's long-term prospects; on the other hand, it also hints that bullish forces are gradually accumulating. Time, sometimes, is on the side of those who are patient.