Ethereum’s staking queue jumps to $2.8B – Is an ETH season incoming?

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Approximately 1.23 million ETH, worth nearly $2.8 billion, was waiting to be staked on Ethereum’s mainnet, with an estimated waiting period of 21 days and 16 hours. The exit queue contained only 1,682 ETH, with a waiting period of about one day, plus an additional 7.1-day sweep delay before withdrawals reached users’ wallets. Total staked ETH increased from 41.5 million in August to 44.2 million by late October, raising the share of circulating supply committed to staking from 34% to 36.19%. However, ETH traded at $2,244.74 after a 5.2% weekly decline, Ethereum ETF assets stood at $14.27 billion, and the Crypto Fear & Greed Index fell to 30.

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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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