Against the backdrop of a bull market, Ethereum's performance is particularly eye-catching!!!
According to statistics, since the last cycle, as many as 35 million ETH have been staked and locked, which means that 30% of Ethereum's total supply is in a non-liquid state and cannot be freely traded on the market!!!
This data undoubtedly exacerbates the scarcity of ETH, making Ethereum within the market even more precious.
This is just the amount of ETH staked on the mainnet.
In fact, a significant portion of Ethereum's tokens are also locked in major DeFi projects such as UniSwap and AAVE.
These projects attract a large number of users to participate through innovative financial models, allowing ETH to appreciate in value on these platforms.
The actual number of Ethereum in the market is far less than people imagine.
As the bull market deepens, Ethereum's price is expected to usher in a new round of explosion.
Looking back at history, Ethereum's trend often shows a pattern of gaining momentum at the beginning of the year and continuing to rise until mid-year.
An average monthly increase of 20-30% fills people with expectations for Ethereum's future.
Currently, Ethereum's price is still at a relatively low level, which is undoubtedly a good time to position.
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