A new signal has emerged in capital flows: Ethereum staking total has reached a historic high, at 41.4 million ETH, accounting for 34% of total supply.
Cross-referenced information from multiple sources shows: ETH staking reached a record 41.4 million (34% of supply), up by 1.4 million from last week; BitMine added another 150,000; the stablecoin cap fell by 1.6% (worst quarter so far), with a $6B outflow and trading volume down 70%. The same event was independently reported by COINNESS, ChainCatcher, and TechFlow. $BTC is currently around $64,130, up +0.85% over the past 24 hours.
My take: single-day capital flows can’t define a trend; continuity matters more than the absolute figure. If the direction reverses over the next two days, this change is more likely just rebalancing.
Next, watch: whether Ethereum-related price and trading volume confirm in sync, and whether the news sources update the details. Do you think this is trend-driven capital, or a one-off rebalance?
Data sources: COINNESS, ChainCatcher, TechFlow, Surf, Binance; data as of 08-05 09:30. For observation only; not investment advice.
Cross-referenced information from multiple sources shows: ETH staking reached a record 41.4 million (34% of supply), up by 1.4 million from last week; BitMine added another 150,000; the stablecoin cap fell by 1.6% (worst quarter so far), with a $6B outflow and trading volume down 70%. The same event was independently reported by COINNESS, ChainCatcher, and TechFlow. $BTC is currently around $64,130, up +0.85% over the past 24 hours.
My take: single-day capital flows can’t define a trend; continuity matters more than the absolute figure. If the direction reverses over the next two days, this change is more likely just rebalancing.
Next, watch: whether Ethereum-related price and trading volume confirm in sync, and whether the news sources update the details. Do you think this is trend-driven capital, or a one-off rebalance?
Data sources: COINNESS, ChainCatcher, TechFlow, Surf, Binance; data as of 08-05 09:30. For observation only; not investment advice.