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Ethereum staking skyrockets as whales aggressively accumulate ETH

  • Ethereum's price remains above $2,500 with significant whale accumulation and staking surge.
  • Whale accumulation is driving Ethereum's price resilience and shows bullish sentiment.
  • Ethereum whale accumulation hits record levels, with over 800,000 ETH acquired daily recently.
  • Whales now control 27% of the total ETH supply, resembling concentrations seen before major market breakouts.
  • The significant buying activity hasn't been observed since 2017, pointing to potential bullish momentum.
  • Institutional demand, ETF filings, and derivatives tools are believed to fuel this whale accumulation.
  • ETH staking has surged with over 35 million ETH staked, notably by long-term holders aiming to earn rewards.
  • Accumulation addresses, those with no selling history, hold 22.8 million ETH at an all-time high.
  • Staking supports Ethereum's network by reducing circulating supply, aiding Ether tokens in holding gains.

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