“This trend is anticipated to persist, particularly considering that deflationary forces are expected to propel the price of Ether significantly,” analysts at Binfinex previously shared with CoinDesk. “Prior to this upgrade, potential stakeholders may have been deterred from staking their ether tokens due to concerns about their funds being locked for an unacceptably long duration.”

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• Source: https://www.coindesk.com/markets/2023/05/26/ether-balance-on-exchanges-nears-all-time-low/?utm_medium=referral&utm_source=rss&utm_campaign=headlines