Ethereum Staking Hits New Highs Even As ETH Price Stays Under Pressure

Ethereum is sending two very different signals at the same time. On the price chart, ETH remains under pressure near the $1,500 area. On-chain, however, staking deposits on the Beacon Chain continue to push toward record levels, removing more ETH from liquid circulation and tightening the pool of easily available supply.TL;DRETH price remains under pressure around the $1,500 level.
Ethereum staking deposits continue to reach record highs.
Staked ETH reduces liquid supply available on exchanges.