Crypto Token Tracker logo Crypto Token Tracker logo
CoinGape 2024-05-22 14:41:26

Total Ethereum Staked Exceeds $121B ETH, Supply Crunch Incoming?

Ethereum (ETH) registered a phenomenal surge lately owing to the enhanced approval odds of ETH ETFs. Moreover, signs of a supply crunch were noted owing to massive Ethereum reserve being locked up for staking. A supply shock could potentially drive the ETH price toward the $4,000 target. Total Ethereum Reserve Staked Surpasses $121 Billion According The post Total Ethereum Staked Exceeds $121B ETH, Supply Crunch Incoming? appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.