$ETH just crossed a new staking milestone.
35.56% of ETH's total supply is now staked, the highest reading in this dataset so far. What's notable is the context: futures funding rates remain mild, not overheated, meaning this isn't a leverage-driven move.
Supply is tightening organically while speculative positioning stays controlled. That combination doesn't always get attention, but it's usually the healthier setup.
If spot demand picks up from here, the supply/demand math starts to shift meaningfully.
#Macro Insights# #ETH #Ethereum #ETF #Staking
35.56% of ETH's total supply is now staked, the highest reading in this dataset so far. What's notable is the context: futures funding rates remain mild, not overheated, meaning this isn't a leverage-driven move.
Supply is tightening organically while speculative positioning stays controlled. That combination doesn't always get attention, but it's usually the healthier setup.
If spot demand picks up from here, the supply/demand math starts to shift meaningfully.
#Macro Insights# #ETH #Ethereum #ETF #Staking
