CryptoQuant: Ethereum staked at 33.3 million ETH, close to all-time high

CryptoQuant data shows that although the supply of Ether is increasing, the amount being staked is also approaching its historical high. Polymarket investors believe that there is a 90% chance that the Ethereum exchange-traded fund will be approved by the United States before July 26th, but there are still several steps that need to be completed before trading can begin. Julio Moreno, the head of CryptoQuant research, stated that "the total amount of ETH being staked continues to increase and is approaching its historical high, currently at 33 million ETH, accounting for 27.7% of the total supply."