Ethereum Staked ETH Hits Record 41.4M, 34% of Supply

Staked ETH reaches 41.4M (34% supply) as BitMine adds 150k ETH. Stablecoin market cap drops 1.6% this quarter, worst on record.

Woofun AI data shows that the total amount of staked ETH has reached a historical high of 41.4 million, representing 34% of the total supply. Over 1.4 million ETH was staked in the past week alone.

BitMine, owned by Tom Lee, staked an additional 150,100 ETH, bringing its total to 5.07 million ETH, which constitutes 87.4% of its holdings. A whale address withdrew and restaked 112,000 ETH over the past three weeks.

Meanwhile, stablecoin market capitalization declined by 1.6% this quarter, the worst quarterly performance in history, with over $6 billion in liquidity exiting the market. Average daily spot trading volume dropped nearly 70% from the January peak to approximately $15 billion.