The amount of Ethereum locked in staking has reached a new record, indicating growing confidence in the network and creating an optimistic market sentiment.
Ethereum Staking Data
Data from Everstake.eth shows that compounding validators, those reinvesting staking rewards, have doubled their ETH holdings in just one month, now controlling 2.026 million ETH, or roughly 5.67% of all staked Ethereum. This is the highest concentration of compounding stake since Ethereum’s shift to proof-of-stake, underscoring growing trust in the network’s architecture and staking returns.
Price Increase of ETH
At press time, ETH is trading at $4,405.88, up 2.34% on the day after briefly touching $4,450.42 before cooling off. ETH is holding the line above $4,000, but price action alone won’t move the needle. Volume sits at $33.78 billion, leaving the rally on pause until liquidity returns.
The Impact of Whales on the Ethereum Market
Ethereum’s largest holders are also reloading. Over the past 48 hours, the network has seen more than $2.5 billion in ETH inflows, reversing a prior sell-off that saw 15,000 ETH moved to Binance. The inflow reversal points to large holders rotating back in, aligning with the broader shift toward bullish positioning ahead of September.
With record highs in staking and the activity of major holders, Ethereum’s market is signaling a strong foundation and accumulating upward pressure on prices.
