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Tom Lee’s BitMine Increases Staked ETH To $2.5B as Ethereum Staking Queue Surges
📰 sources⭐ 8.0
TL;DR:
Ethereum Staking activity became severe, as institutional investors deposited huge sums of ETH within the system. The shift is in terms of increasing use of staking over trading.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence ETH price action and market sentiment in the near term.