Trending Now - Ethereum Staking Soars to 31.4% Amid Historic Supply Decline

WHO:

Ethereum (ETH) investors, CryptoQuant, Bitcoinist, Axel Adler Jr.

WHAT:

Ethereum's staking ratio has reached a record 31.4%, with 38.31 million ETH locked in staking.

Ethereum is currently trading at $2,180, up 6.16% on the week.

The circulating supply of Ethereum on Binance has fallen to its lowest level since 2016.

The price of Ethereum peaked near $4,800 in early 2025 and has retraced more than 50% over the past twelve months.

Ethereum's price has not yet reclaimed the $2,500 level.

Miner-linked OTC balances currently sit around 152.6K BTC, well below the historical peak of 595K BTC in 2018.

WHERE:

Ethereum trading occurs on exchanges, including Binance.

WHEN:

The data regarding Ethereum's staking ratio and supply was reported in March 2026.

The price peak of Ethereum at $4,800 occurred in early 2025.

The historical peak of miner-linked OTC balances was recorded in 2018, with a low of approximately 146.9K BTC in July 2025.

WHY:

Investors are moving capital out of active trading and into long-term staking, contributing to a decline in available supply.

HOW:

The ETH 2.0 Staking Rate indicator recorded its highest reading ever, indicating that nearly one in three Ether is off the market.

The analysis suggests that selling pressure is declining as sellers become holders and stakers, who are not selling.

(UPDATED March 26, 2026 00:33 UTC)

Ethereum's staking ratio has reached a record 31.4%, with over 38 million ETH locked in staking, reflecting a significant shift as investors move capital into long-term holdings. Currently, Ethereum is trading at $2,180, up 6.16% on the week, while its circulating supply on Binance has dropped to its lowest level since 2016. Despite peaking at nearly $4,800 in early 2025, Ethereum's price has not yet reclaimed the $2,500 mark, indicating a decline in selling pressure as more investors become holders and stakers.