$100 Million Ethereum (ETH) Entered Circulation After Unlock: Here's How Price Reacts

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$100 Million Ethereum (ETH) Entered Circulation After Unlock: Here's How Price Reacts
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Despite significant unlock, $ETH remains unfazed, but the parity between staking inflows and outflows is still not there

, respectively. It remains to be seen if the withdrawal of these large amounts will have a more pronounced effect on the market.

Interestingly, the trend of withdrawing rewards rather than full stakes suggests that the total amount of staked ETH might decrease over time. However, strong inflows persist, with more than 15,000 ETH being staked within a 24-hour period. This indicates that interest in Ethereum staking remains robust, despite the unlocking of staked funds.

Meanwhile, Lido continues to dominate the Ethereum staking landscape as one of the most prominent Ethereum liquidity staking providers. The total amount of staked ETH may trend downward, but strong inflows show that interest in Ethereum staking remains high. We will see the full impact of Shanghai on Ether's price only in the future.

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