30% of Ethereum Supply Now Locked as Whales Accumulate Amid ETH Price Weakness
Ethereum’s network dynamics are shifting in a way that could reshape its market structure. On-chain data shows that roughly 30% of all Ethereum (ETH) supply is now locked in staking contracts, marking a record high for the protocol’s proof-of-stake ecosystem. Related Reading: Bitcoin Is ‘No Longer Digital Gold,’ Deutsche Bank Strategist Says Even as ETH […]
Related News
Crypto analyst Lumen has revealed a significant accumulation trend among Dogecoin whales, which provides a bullish outlook for the DOGE price. The analyst also mentioned what could drive the meme coin’s price to $0.5, marking a bullish reversal for Dogecoin. Dogecoin Whales Accumulate As Price Eyes Rally To $0.5 In an X post, Lumen revealed […]
Ethereum is navigating a challenging market phase, with price facing persistent selling pressure despite a tightening supply landscape. On the charts, ETH has shown signs of weakness, with repeated rejections at key resistance levels and declining momentum suggesting that sellers remain in control in the short term. A significant portion of the ETH supply remains locked across staking contracts, effectively reducing the amount of liquid ETH available on the market. Locked Supply Continues To Tighten Circulating Ethereum Ethereum is experiencing selling pressure on the charts, but supply is....
The "Whales Supply Shock" metric has been pretty accurate in detecting Bitcoin market tops. Bitcoin's (BTC) biggest investors have been lately upping their reserves in sync with the ongoing price recovery, one Glassnode metric suggests.Dubbed as "Whale Supply Shock," the on-chain indicator represents the ratio between the amount of Bitcoin held by "whales" and "fishes." Whales represent addresses that hold between 10,000 BTC and 100,000 BTC, while fishes are those that hold anything between 0.001 BTC and 1,000 BTC.A rising Whale Supply Shock reading indicates a higher degree of....
Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. Realized Price Of ETH 2.0 Deposits 44% More Than Normal Supply As per a special report released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is […]
On-chain data shows the Cardano sharks and whales have quietly been accumulating the asset even as the price has gone through a drawdown. Cardano Sharks & Whales Have Increased Supply Share By 1.6% In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of the Cardano sharks and whales. The indicator of interest here is the “Supply Distribution,” which tells us about the amount of the ADA circulating supply that’s held by a given wallet group. Related Reading: Bitcoin Yet To See Meaningful Capital Return, Glassnode Says....