Ethereum staking deposits decline with over 70 stakers in loss

Market Analysts have tied the cause of the decline to the speculations of an Ethereum fork and fears about the Merge. With the Merge all but confirmed to happen before Sep. 20, the amount of new value staked Ethereum (ETH) on the beacon chain is at its lowest levels, with around 230 ETH deposited daily. According to Glassnode data, the volume of Ethereum staked daily declined significantly in July and has yet to recover.