1. Large-scale flow of Ethereum staking funds


- **Exit Wave**: Approximately 519,000 ETH (valued at $1.92 billion) are queued to exit the staking network, with a waiting time exceeding 9 days, setting the longest record since January 2024. The main reason is that investors are taking profits after the rise in ETH prices.
- **Hedging Demand**: 357,000 ETH (1.3 billion USD) queued for entry during the same period, creating the highest admission queue since April 2024, partly due to institutional increases in ETH spot ETF positions (BlackRock ETF saw inflows of 2.27 billion USD in a single week).
ETH3.37%
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Yazanhammadeevip
· 07-23 01:47
Launch with power 🚀
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