Staked ETH on the Rise as Balances on Crypto Exchanges Decline: Nansen Data

06/12 13:36

According to data from Nansen, a blockchain intelligence startup, the number of staked ETH has been steadily increasing. Currently, over 22 million coins, which make up about 18% of the token's supply, have been locked. Meanwhile, balances in crypto exchanges have been decreasing and are now below 30 million tokens. The Shapella upgrade has eliminated concerns about withdrawals and has led to a surge in locked tokens, as stakers can now earn rewards instead of just holding their coins.
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