Ethereum Staking activity became severe, as institutional investors deposited huge sums of ETH within the system. The shift is in terms of increasing use of staking over trading. According to on-chain data, there is an evident decline in actively circulating Ether in recent sessions. BitMine Adds $605M ETH as Ethereum Staking Locks $2.5B Arkham Intelligence
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.