🚨 ETH Locked Hits All-Time High 🚨
Recently, the total amount of ETH that is locked out of circulation hit a new all-time high at 19,375,242 ETH!
This includes ETH that is staked on the Beacon chain, ETH deposited to the beacon contract but not validating yet, and rewards on the Beacon chain.
While there may have been some recent withdrawals, when you zoom out, they seem like a dip for ants.
Overall, this is a positive sign for the Ethereum network as more and more ETH is being locked away, showing the confidence and long-term commitment of ETH holders.
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