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Ethereum whales stake large ETH amounts, tightening supply and boosting ETH/BTC strength near key resistance.

Protocol Fundamentals
21 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Ethereum whales have been accumulating and staking large amounts of ETH, with over 40.8 million ETH now staked, representing 33.5% of total supply. This staking activity reduces liquid ETH supply and signals strong long-term confidence. Concurrently, Ethereum's DeFi ecosystem is growing, with increased whale transactions and a $5 billion rise in total value locked, enhancing network liquidity. These factors have contributed to ETH/BTC breaking above key resistance levels, suggesting the potential for further Ethereum outperformance against Bitcoin.

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