With a record of 35 million ether now condition, liquidity is adjusting as investors opt for passive yield during short -term operations. Corporate Treasury Bonds, led by companies such as Sharplink, are accelerating the trend.
According to Dune Analytics dataThe total amount of ether staked (Eth) Increased more than 35 million tokens this week, marking a new historical maximum for the Ethereum stake test network.
This figure now represents more than 28% of the circulating supply of the cryptocurrency of more than 120 million tokens. With more than a quarter of all the ether locked in rethinking contracts, the liquid supply available in exchanges is quickly reducing, and can fall more, since the number of public companies and large institutions that seek to maintain instead of tradeing the asset continues to increase.
Who is enclosing the ETH supply?
Ethereum Staking has been constantly increasing since the Network went to the Take Test at the end of 2022, but the last months have brought a more clear increase. According to a cryptocant of June 18 reportMore than 500,000 ETH stabilized only in the first half of June, pushing the total above 35 million.
Dune Analytics data shows that Lido, the leader liquid betting protocol, now controls 8.75 million ETH, or approximately a quarter of all the stakes. Centralized exchanges such as Coinbase and Binance continue, collectively validating another 15% of the network.
But the most significant change is occurring outside the chain, where corporate balances are becoming the ETH accumulation vehicles. These companies are increasingly treating Ether not only as a technological investment, but as a long -term treasure asset.
As reported by crypto.newsSharplink gaming that quotes on Nasdaq purchased $ 463 million in eth On June 13, becoming the second best known holder behind the Ethereum Foundation. The company also announced that it had opted more than 95% of its total participations to generate performance while contributing to the security of the Ethereum network.
For companies such as Sharplink, the logic behind buying and rethinking ETH is structural. The Token offers a performance of approximately 3%, and the orientation of the SEC in May 2024 effectively green institutional participation clarifying that the bet at the protocol level does not fall under the regulation of values.
