🟠 Nearly 36M $ETH (30% of total supply) - equivalent to $119B, is currently staked.

After months of stagnation since last August, the amount of #ETH locked has increased from 35.5M to 35.9M in a short period, marking the end of the quiet phase.

If you've been following the news, you'll notice that most of this increase comes from Bitmine - the top holder $ETH as of now.

The circulating supply $ETH is extremely low; when demand exceeds supply, ETH will have a vibrant growth season...

ETHUSDT

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