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Brothers, a big event has occurred! The struggle between bulls and bears has intensified.
The latest data has revealed a shocking secret: the amount of ETH exiting staking on the Ethereum PoS network has soared to 910,461 coins, setting a new all-time high in terms of coin value, which amounts to 39.1 billion USD at current prices!
What does this mean? It's simple, veteran players "cash out and leave," and a group of whales chose to secure their profits after ETH surged from its low point in April. Just think about it, if this scale of selling pressure really hits, it won't be a minor issue; it could create a major pitfall for the entire market!
But dramatically, on the other side, there are 268,217 ETH waiting in line to enter! What is the force behind this? It is the favorable regulatory environment + institutions scrambling to accumulate. Companies like SharpLink Gaming and BitMine Immersion are increasing their holdings of ETH and directly staking it! In short, fresh institutional funds are "taking over" and even scrambling to accumulate.
So now the market has presented a super torn pattern:
Exit tide = Long positions cashing out → Potential selling pressure
Entering the tide = New money support → ETH's long-term belief is still strengthening
It's like a tug-of-war: on one side are the old players fleeing, and on the other side are new institutions taking over. Who has more strength will determine whether Ethereum will plunge or usher in a second wave of major upward momentum!