According to on-chain analytics firm CryptoQuant, more than 500,000 ETH was added to Ethereum’s staking contracts in the first half of June alone. This brings the total staked to an all-time high of more than 35 million ETH.
This is a big deal because staking locks tokens out of circulation. With less ETH available for trading, the liquidity supply drops, which can create upward price pressure, especially if demand increases.
