Staked ETH at New AllTime Highs in Anticipation of September’s Merge

With the long-anticipated Merge right behind the corner, the number of ETH locked for staking has tapped a new ATH. Ethereum sent to the ETH 2.0 staking contract continues to gradually increase, despite the asset’s price movements. This comes just a month or so before the Merge is supposed to take place, according to the development team. As data from Dune Analytics shows, the number of ETH sent to the staking contract has exceeded 13.2 million, while the unique depositors are just under 80,000.