Trader📈 / *NOT INVESTMENT ADVICE* Grass toucher, Hedgoooor Unbothered, objective There is no need to be upset. Very serious account
Jan 21 • 15 tweets • 7 min read
Quick thread on Ethereum supply dynamics: (1) ETH Staking (2) Gas Usage (3) Exchange Balances (4) ETH in Smart Contracts (5) Restaking, Liquid Restaking, and Eigenlayer
🧵👇
(1) Starting with total ETH staking, this is in an enormous uptrend and sitting right about at ATHs
This is in the face of the largest unstake ever from Celsius/Figment, about 573,000 ETH