TL;DR

• ICYMI, about a month ago, Ethereum went through an upgrade that allowed users to withdraw their staked ETH for the first time in years - we're talking $36B+!

• ...and with the recent banking collapses, we've all seen what can happen when everyone decides to pull their money out of something at once.

• Everything is going just...fine. In fact, more money is coming into Ethereum staking than going out - by a difference of $189M.

• $36B+ of investments were opened up, in what is widely considered to be a 'high risk' asset, amidst a grizzly bear market...and deposits have increased. That spells conviction.

Full Story

Yeah, that's right - we said it and we stand by it: Ethereum is boring as hell right now.

...which is good news!

ICYMI, about a month ago, Ethereum went through an upgrade that allowed users to withdraw their staked ETH for the first time in years.

The total amount locked up wasn't small either - we're talking $36B+!

...and with the recent banking collapses, we've all seen what can happen when everyone decides to pull their money out of something at once.

But there's no high-octane story to be told here - Ethereum isn't clawing its way back from the brink, or weathering any category 5 storms.

Everything is going just...fine.

In fact, more money is coming into Ethereum staking than going out - by a difference of $189M.

So what's the takeaway?

$36B+ of investments were opened up, in what is widely considered to be a 'high risk' asset, amidst a grizzly bear market.

...and deposits have increased.

That spells conviction.