#Ethereum Staking Momentum Falling, What’s Going On?

The number of Ethereum ( $ETH ) holders choosing to stake, effectively locking their coins in the smart contracts platform, is falling. According to #CryptoQuant  data, as of August 23, the staking inflow total stood at 30,656, down from 404,704 registered on June 1. 

Ethereum Staking Inflow Dropping, But There Are Over 813,000 Active #Validators

The staking inflow total, which measures the number of unique addresses moving coins to the official #BeaconChain deposit address for staking purposes, rose steadily from around 5,952 on April 3 to 404,704 on June 1.