Both Lido and Rocket Pool’s TVL, denominated in ETH, peaked last year and has been declining since.
I wonder if that’s the result of the long tail of staking – with CEXs, various mobile wallets, and now even ETFs offering staking-like exposure.
coinfeeds-bot on
tldr; Ethereum’s liquid staking has reached a new all-time high with 35.56 million ETH locked as of July 1, marking an increase of nearly 1 million ETH in June. Accumulation addresses, linked to institutional investors and large holders, are also nearing record highs, signaling long-term confidence. ETH’s price has risen over 8% in 48 hours, trading at $2,593, with technical analysis suggesting a potential breakout to $4,200. However, maintaining support above $2,200 is crucial to avoid a significant price drop.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
candy_rose707 on
If you ask me I will say don’t know, let’s see if whale buy more eth price will up, but you don’t SELL your eth hodl until 100k
gdscrypto on
Wasn’t it liquid staking that crashed it back to 900 in 2022
Amazonreviewscool67 on
$10k in a few minutes!!!
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Both Lido and Rocket Pool’s TVL, denominated in ETH, peaked last year and has been declining since.
I wonder if that’s the result of the long tail of staking – with CEXs, various mobile wallets, and now even ETFs offering staking-like exposure.
tldr; Ethereum’s liquid staking has reached a new all-time high with 35.56 million ETH locked as of July 1, marking an increase of nearly 1 million ETH in June. Accumulation addresses, linked to institutional investors and large holders, are also nearing record highs, signaling long-term confidence. ETH’s price has risen over 8% in 48 hours, trading at $2,593, with technical analysis suggesting a potential breakout to $4,200. However, maintaining support above $2,200 is crucial to avoid a significant price drop.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
If you ask me I will say don’t know, let’s see if whale buy more eth price will up, but you don’t SELL your eth hodl until 100k
Wasn’t it liquid staking that crashed it back to 900 in 2022
$10k in a few minutes!!!