Ethereum is getting more and more locked up.

The staking rate has hit a new high, with over a third of all ETH locked up in validator nodes.

There are fewer and fewer tokens available to sell, while those waiting to get in still have to wait more than ten days.

The price hasn’t caught up, but stakers are already rushing to lock their coins away.

This isn’t bullishness—it’s fear of selling too soon.

$ETH