Ethereum risks 10% decline versus Bitcoin despite record ETH staking
Burns Brief
33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC $ETH for reaction — a decisive move above or below key levels will confirm the next trend.
Ethereum’s record 32.33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time.
Key Takeaways
- 33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time