The News:

As of today, 35.9 Million $ETH —nearly 30% of the total circulating supply—is officially locked in staking. This represents a staggering $120 Billion bet on the future of the Ethereum network.

​Key Insights:

​The Bitmine Effect: Digital asset firm Bitmine just announced it now holds 4.16 Million ETH (3.45% of total supply), adding another $600M stake just yesterday.

​Supply Shock: With nearly 1/3 of $ETH off the market, a "Supply Squeeze" is imminent. While price sits at $3,359, analysts predict a surge toward $7,500 by year-end.

​Institutional Confidence: JPMorgan has selected Ethereum for its first-ever tokenized money market fund, cementing its status as the "Wall Street Settlement Layer."

​Conclusion:

While Bitcoin grabs the headlines with its $100K race, $ETH is building the most secure, yield-bearing foundation in history.

#Ethereum #ETH #Staking #Bitmine #CryptoAnalysis