💥$ETH SUPPLY TIGHTENS AS STAKING HITS RECORD LEVELS
Tom Lee’s BitMine just staked another 86,848 ETH. $AXS
BitMine now has 1,771,936 ETH staked in total. $BERA At the same time: - Ethereum’s unstaking queue is now zero - The staking entry queue surged to 2.6M ETH, the highest since July 2023
With more ETH locked in staking and on-chain activity rising, circulating supply continues to tighten ; a setup that could increase supply pressure and leave retail feeling the impact as prices recalibrate.