🧠 Ethereum Hits ATH — But Not in Price! Here’s What Really Happened 🔥
Yo crypto fam! 🫡 While ETH isn’t breaking price records (yet), it just hit a whole new ATH that’s 🔥 just as important — if not more.
🚨 According to CryptoQuant, Ethereum now has 35 million ETH locked in staking — an all-time high! That’s over $89B in long-term belief. This means less ETH in circulation and more scarcity = price potential. 💎
But wait — there’s more…
🐳 Ethereum whales are BACK!
• New ATH: 22.8M ETH held in accumulation addresses.
• In the last 7 days, whales added 800K ETH.
• On June 12 alone, they scooped up 871K ETH — the biggest 1-day haul since 2017!
📉 ETH is trading around $2,548, but if this momentum continues and it breaks $2,900, experts are eyeing a move to $3,600+.
👁️🗨️ Long-term holders. Whale conviction. Shrinking supply.
Something big is brewing under the surface.
Are you paying attention?
#Ethereum #ETH #Altcoins #Whales #Staking #CryptoNews #BinanceSquare