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Title: Investors Have Already Staked Nearly 30% of the Entire Ethereum Supply
As the cryptocurrency market continues to evolve and grow at an unprecedented rate, it has become increasingly clear that investors are shifting their focus towards more promising opportunities. The latest data from Dune Analytics reveals a staggering 29% staking of the Ethereum supply by investors.
According to the figures, nearly 35 million ETH have been staked, exceeding expectations and sending shockwaves throughout the industry. This drastic increase in staking highlights the growing confidence and optimism in the cryptocurrency market. It is clear that investors are putting their trust in the platform and seeing long-term potential.
The data further suggests that institutional investors continue to drive the demand for Ethereum, a development that is likely to have far-reaching implications for the broader market. The recent 26.87% decline in the price of Ethereum is not expected to deter investors from staking as it remains a crucial part of their investment strategy.
As the cryptocurrency market continues to grow and evolve, it has become increasingly clear that the importance of staking cannot be underestimated. With the industry witnessing unprecedented growth, we can expect more significant changes in the future.
Sources: Dune Analytics
Source: www.bitcoinbazis.hu
