Cointelegraph: Ethereum Staking Hits Record High in October

AI Market Summary
Record ETH staking in October signals stronger long-term holder conviction and a larger locked supply, reducing liquid float. That can support ETH sentiment and cushion sell pressure, though it also reflects lower short-term trading liquidity and may amplify volatility around catalysts.
Impact level
● Medium
Affected assets
ETH/USDT+0.63%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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Ethereum had more ETH in staking in October than in any other month in its history, setting a record for the network.