Ethereum Staking Grows, Share Reaches 36.32%

The number of large transactions in Lido Staked Ethereum has exceeded 630 per day, marking the highest level since April. The share of Ethereum in staking has increased by 4.32% since May, reaching 36.32% of the total supply. Daily inflows into staking have decreased by 40.11%. Analysts note that the activity of large holders is rising despite the asset's price decline, which currently hovers around $2,100. High borrowing activity indicates the use of stETH as collateral for obtaining Ethereum and other assets. Analysts believe this reflects an increase in risk-taking activity rather than a mass exit of investors. An important level to watch going forward is $2,100; maintaining the price above this mark could confirm demand for risk assets. The share of Ethereum in staking has increased by 4.32% since May, but the daily Staking Inflow figure has decreased by 40.11%. Analysts emphasize the importance of distinguishing between the long-term growth of the share of staked coins and the current activity regarding the inflow of new funds.

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