Data: The total amount of Ethereum staked has risen to a historic high of 41.4 million ETH, accounting for 34% of the total supply

According to AMBCrypto, the total amount of Ethereum staked has risen to a historical high of 41.4 million ETH, accounting for 34% of the total supply, with over 1.4 million ETH staked in just the past week.

BitMine, owned by Tom Lee, has staked another 150,100 ETH (approximately $278 million), bringing its total staked amount to 5.07 million ETH (approximately $9.38 billion), which accounts for 87.4% of its ETH holdings; additionally, a whale address has cumulatively withdrawn and staked 112,000 ETH (over $208 million) in the past three weeks.

Meanwhile, the market capitalization of stablecoins has declined by 1.6% this quarter, marking the worst quarterly performance in history, with over $6 billion in liquidity flowing out of the crypto market. The average daily spot trading volume across the market has dropped nearly 70% from the January peak to about $15 billion.