Ethereum staking emerges as key support for ETH price stability

Ethereum staking is playing a key role in forming price support for ￰0￱ circulating ETH is sold more rapidly, creating a gap between the unrealized value of staked and circulating ￰1￱ staking holders now have a different profile of unrealized value compared to traders of freely circulating ￰2￱ Market Value to Realized Value (MVRV) for staked ETH to freely circulating ETH started diverging in the past few ￰3￱ divergence suggests staking ETH holders are sitting on larger unrealized value, with a MVRV ratio of ￰4￱ free ETH traders, the ratio is ￰5￱ ETH has a higher unrealized gain, signaling more long-term confidence from stakers, as well as a longer holding time horizon. |