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Ethereum Staking Reaches Record Highs as 32.8M ETH Locked Away

  • Ethereum staking has reached all-time highs with over 32.8 million ETH, valued at over $100 billion, being locked and removed from active circulation.
  • The milestone highlights a shift towards long-term holding and institutional accumulation, reinforcing ETH's position as a core Layer 1 asset amidst market focus on meme coins and short-term volatility.
  • The significant portion of ETH now illiquid due to staking could potentially create upward price pressure in the long term, especially if demand increases in the next market phase.
  • Staking participation reflects Ethereum's increasing network security, investor confidence, and potential for a renewed breakout as the ecosystem evolves with staking yields, institutional adoption, and layer-2 scaling.

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