Ethereumย (ETH) holders are on a downward movement while the total number of staked Ethereumย (ETH) in the Ethereumย (ETH) 2.0 contract constantly growing since the Shanghai/Shapella upgrade earlier this year in March.
Reportsย by data provided by Glassnode, the number of addresses that hold greaterย than 32 coins just dropped to 127,146, marking a six- 30ย days low. The last time the number reached a six- 30ย days low was in November 2022.
Per the data, this number has been constantly decreasing since the start of May.
On the other hand, the total number of Ethereumย (ETH) locked in the Ethereumย (ETH) 2.0 contract just reached 22,045,547 cryptoย tokens, marking a new record-breakingย peak (ATH).
Reportsย by a report on May 19, the number of non-zero Ethereumย (ETH) addresses hit an ATH of 99,355,406 while the broader cryptocurrencyย market was uncertain.
Data shows two Million ether coins are ready to be staked on the networkโs beacon chain.
Ethereumย (ETH) is down by 2 percent in the past 24 hours and currentlyย worth $1,820 at the time of writing. Its volumeย ofย trading has likewise dropped by 11.2 percent and asย ofย now sits at $5.8 billion.
