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Ethereum Price Forecast: Staked ETH soars to record high despite weakening institutional interest
Ethereum (ETH) total staked value is rising again after declining between mid-April and mid-May. The staked ETH supply has reached a record high of 39.69 million ETH, suggesting that investors are now likely chasing yield to offset price declines rather than exiting the market entirely. The cohort primarily responsible for holding onto their tokens is wallets with balances of 10K-100K ETH. These investors increased their collective balance by 120K ETH last week, a slight improvement from the previous week, when their holdings saw minimal changes. However, retailers maintained distribution, with wallets holding 100-1K ... (full story)
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