• bitcoinBitcoin (BTC) $ 119,273.00
  • ethereumEthereum (ETH) $ 3,001.77
  • xrpXRP (XRP) $ 2.87
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 693.34
  • solanaSolana (SOL) $ 163.12
  • usd-coinUSDC (USDC) $ 0.999807
  • dogecoinDogecoin (DOGE) $ 0.202477
  • tronTRON (TRX) $ 0.303570
  • staked-etherLido Staked Ether (STETH) $ 2,998.63
  • cardanoCardano (ADA) $ 0.749331
  • hyperliquidHyperliquid (HYPE) $ 49.07
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 119,079.00
  • stellarStellar (XLM) $ 0.472151
  • wrapped-stethWrapped stETH (WSTETH) $ 3,628.06
  • suiSui (SUI) $ 3.52
  • chainlinkChainlink (LINK) $ 15.87
  • hedera-hashgraphHedera (HBAR) $ 0.242509
  • bitcoin-cashBitcoin Cash (BCH) $ 509.97
  • avalanche-2Avalanche (AVAX) $ 21.71
  • leo-tokenLEO Token (LEO) $ 9.03
  • wrapped-eethWrapped eETH (WEETH) $ 3,214.87
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • wethWETH (WETH) $ 3,002.74
  • the-open-networkToncoin (TON) $ 3.00
  • litecoinLitecoin (LTC) $ 96.70
  • usdsUSDS (USDS) $ 0.999840
  • whitebitWhiteBIT Coin (WBT) $ 46.14
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999483
  • moneroMonero (XMR) $ 337.84
  • polkadotPolkadot (DOT) $ 4.04
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 119,317.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000013
  • uniswapUniswap (UNI) $ 8.65
  • bitget-tokenBitget Token (BGB) $ 4.40
  • aaveAave (AAVE) $ 313.78
  • bittensorBittensor (TAO) $ 401.74
  • pi-networkPi Network (PI) $ 0.470770
  • daiDai (DAI) $ 0.999866
  • crypto-com-chainCronos (CRO) $ 0.107757
  • aptosAptos (APT) $ 5.03
  • nearNEAR Protocol (NEAR) $ 2.58
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • internet-computerInternet Computer (ICP) $ 5.51
  • okbOKB (OKB) $ 48.85
  • ondo-financeOndo (ONDO) $ 0.910444
  • jito-staked-solJito Staked SOL (JITOSOL) $ 198.62
  • ethereum-classicEthereum Classic (ETC) $ 18.60
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • mantleMantle (MNT) $ 0.692935
  • kaspaKaspa (KAS) $ 0.088079
  • algorandAlgorand (ALGO) $ 0.265551
  • susdssUSDS (SUSDS) $ 1.06
  • ethenaEthena (ENA) $ 0.349744
  • usd1-wlfiUSD1 (USD1) $ 0.999753
  • cosmosCosmos Hub (ATOM) $ 4.74
  • vechainVeChain (VET) $ 0.025000
  • bonkBonk (BONK) $ 0.000027
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.234865
  • arbitrumArbitrum (ARB) $ 0.418269
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.031944
  • render-tokenRender (RENDER) $ 3.82
  • official-trumpOfficial Trump (TRUMP) $ 9.70
  • fasttokenFasttoken (FTN) $ 4.49
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.733448
  • gatechain-tokenGate (GT) $ 15.89
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,003.12
  • sei-networkSei (SEI) $ 0.326096
  • filecoinFilecoin (FIL) $ 2.60
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 118,896.00
  • skySky (SKY) $ 0.079252
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.75
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.40
  • jupiter-exchange-solanaJupiter (JUP) $ 0.510899
  • spx6900SPX6900 (SPX) $ 1.62
  • kucoin-sharesKuCoin (KCS) $ 11.43
  • usdtbUSDtb (USDTB) $ 0.999337
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998210
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,146.25
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,424.28
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.91
  • fartcoinFartcoin (FARTCOIN) $ 1.31
  • nexoNEXO (NEXO) $ 1.29
  • story-2Story (IP) $ 4.26
  • xdce-crowd-saleXDC Network (XDC) $ 0.077384
  • injective-protocolInjective (INJ) $ 12.67
  • blockstackStacks (STX) $ 0.794801
  • flare-networksFlare (FLR) $ 0.017360
  • sonic-3Sonic (S) $ 0.366406
  • optimismOptimism (OP) $ 0.666596
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.75
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,209.23
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,154.44
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 118,857.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • memecoreMemeCore (M) $ 0.654415
  • dogwifcoindogwifhat (WIF) $ 1.03
  • immutable-xImmutable (IMX) $ 0.539958
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,164.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 12.59
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999141
  • the-graphThe Graph (GRT) $ 0.100596
  • flokiFLOKI (FLOKI) $ 0.000100
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 118,980.00
  • pax-goldPAX Gold (PAXG) $ 3,347.64
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • wbnbWrapped BNB (WBNB) $ 692.72
  • kaiaKaia (KAIA) $ 0.157822
  • curve-dao-tokenCurve DAO (CRV) $ 0.672040
  • clbtcclBTC (CLBTC) $ 118,497.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,247.13
  • paypal-usdPayPal USD (PYUSD) $ 0.999192
  • vaultaVaulta (A) $ 0.550200
  • iotaIOTA (IOTA) $ 0.217575
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 182.98
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.43
  • tether-goldTether Gold (XAUT) $ 3,346.29
  • theta-tokenTheta Network (THETA) $ 0.822492
  • msolMarinade Staked SOL (MSOL) $ 213.46
  • galaGALA (GALA) $ 0.017507
  • jasmycoinJasmyCoin (JASMY) $ 0.016072
  • the-sandboxThe Sandbox (SAND) $ 0.318828
  • mog-coinMog Coin (MOG) $ 0.000002
  • lido-daoLido DAO (LDO) $ 0.849437
  • raydiumRaydium (RAY) $ 2.82
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.37
  • aerodrome-financeAerodrome Finance (AERO) $ 0.854528
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • ousgOUSG (OUSG) $ 111.77
  • pyth-networkPyth Network (PYTH) $ 0.121685
  • zcashZcash (ZEC) $ 42.90
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • tezosTezos (XTZ) $ 0.645563
  • jito-governance-tokenJito (JTO) $ 1.94
  • super-oethSuper OETH (SUPEROETH) $ 3,004.87
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997818
  • saros-financeSaros (SAROS) $ 0.255560
  • wrapped-hypeWrapped HYPE (WHYPE) $ 49.11
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,208.22
  • pendlePendle (PENDLE) $ 3.97
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • flowFlow (FLOW) $ 0.393741
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,133.27
  • tbtctBTC (TBTC) $ 118,916.00
  • decentralandDecentraland (MANA) $ 0.324484
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,536.00
  • morphoMorpho (MORPHO) $ 1.94
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,004.26
  • chain-2Onyxcoin (XCN) $ 0.017569
  • heliumHelium (HNT) $ 3.20
  • newton-projectAB (AB) $ 0.008811
  • falcon-financeFalcon USD (USDF) $ 0.999645
  • usual-usdUsual USD (USD0) $ 0.997573
  • based-brettBrett (BRETT) $ 0.057966
  • coredaoorgCore (CORE) $ 0.562958
  • walrus-2Walrus (WAL) $ 0.407516
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 119,428.00
  • staked-hypeStaked HYPE (STHYPE) $ 49.09
  • thorchainTHORChain (RUNE) $ 1.55
  • apecoinApeCoin (APE) $ 0.673709
  • bitcoin-svBitcoin SV (BSV) $ 26.60
  • conflux-tokenConflux (CFX) $ 0.103212
  • syrupMaple Finance (SYRUP) $ 0.491553
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.202771
  • ripple-usdRipple USD (RLUSD) $ 0.999702
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,002.07
  • starknetStarknet (STRK) $ 0.142345
  • build-onBUILDon (B) $ 0.499572
  • true-usdTrueUSD (TUSD) $ 0.999338
  • usddUSDD (USDD) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008103
  • kavaKava (KAVA) $ 0.437963
  • stader-ethxStader ETHx (ETHX) $ 3,189.69
  • venomVenom (VENOM) $ 0.223474
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004637
  • dydx-chaindYdX (DYDX) $ 0.610611
  • arweaveArweave (AR) $ 6.98
  • 1inch1inch (1INCH) $ 0.328320
  • elrond-erd-2MultiversX (EGLD) $ 15.83
  • neoNEO (NEO) $ 6.37
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999808
  • telcoinTelcoin (TEL) $ 0.004917
  • beldexBeldex (BDX) $ 0.062650
  • apenftAPENFT (NFT) $ 0.00000045
  • compound-governance-tokenCompound (COMP) $ 47.20
  • aioz-networkAIOZ Network (AIOZ) $ 0.374036
  • ether-fiEther.fi (ETHFI) $ 1.18
  • dexeDeXe (DEXE) $ 7.61
  • deepDeepBook (DEEP) $ 0.173310
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,317.32
  • ecasheCash (XEC) $ 0.000021
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.35
  • axie-infinityAxie Infinity (AXS) $ 2.55
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 118,220.00
  • zksyncZKsync (ZK) $ 0.056746
  • usdbUSDB (USDB) $ 0.998576

Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

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Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

Ethereum (ETH) is up more than 8% over the past 48 hours, climbing from around $2,400 on July 1 to nearly $2,600 at the time of writing. The latest on-chain analysis reveals that both accumulation addresses and liquid staking volume are approaching all-time highs (ATH), fueling optimism that ETH’s price may soon follow.

Ethereum Liquid Staking, Accumulation Addresses Nearing Historic Highs

According to a recent CryptoQuant Quicktake post by contributor Carmelo_Aleman, Ethereum’s liquid staking activity has seen a notable increase since June 1. The total amount of ETH staked rose from 34.54 million to 35.52 million by June 30 – an increase of nearly one million ETH in just one month.

As of July 1, ETH set a new record in liquid staking, reaching 35.56 million ETH. A closer look suggests that most accumulation addresses are linked to institutional investors, exchange-traded funds (ETFs), and other large holders.

Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

Many of these investors choose to earn yield through liquid staking while waiting for substantial price appreciation. Among the biggest beneficiaries of this trend are decentralized finance (DeFi) protocols like Lido and Binance Liquid Staking, known for their scale and investor-friendly features.

In addition to the rise in liquid staking, ETH accumulation addresses are also nearing record highs. As shown in the following ETH Cohort Study chart, these addresses grew 35.97% – from 16.72 million on June 1 to 22.74 million by June 30.

Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

For the uninitiated, Ethereum accumulation addresses are wallets that acquire and hold ETH without significant outgoing transactions, often excluding known exchange, miner, or smart contract addresses. These addresses typically signal long-term investor confidence, as they represent entities accumulating ETH without actively selling.

Also worth highlighting is that the Realized Price of these accumulation addresses – their average acquisition cost – stood at $2,114 on July 1. As ETH trades at $2,593 at the time of writing, these accumulation addresses are sitting on a healthy profit of approximately 22.65%.

ETH Primed For A Breakout?

Technical analysis suggests that ETH could be poised for a breakout in the near term. In a recent post, crypto analyst Titan of Crypto pointed out that ETH appears ready to break out of a broadening wedge pattern on the weekly chart, with a potential upside target of $4,200.

Institutional interest in Ethereum also appears to be strengthening. Notably, ETH may have found its own “MicroStrategy moment,” with Tom Lee and Joe Lubin revealing plans to accumulate significant ETH positions.

That said, ETH must maintain support above the $2,200 level. A breakdown below this threshold could open the door for a drop to as low as $1,160. At press time, ETH is trading at $2,593, up 1.7% in the past 24 hours.

Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

Featured image from Unsplash, charts from CryptoQuant and TradingView.com

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