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The scale of Ethereum staking queue continues to decline, and there is a significant divergence between Large Investors' long and short positions.
Since August, 9 large whale addresses have transferred 4.56e USD from the Bitcoin market to buy Ether, with most of it staked in the PoS network, and the staking rate now exceeds 30%.
The explanation mainly relies on staking to earn stable returns, while locking up chips to reduce market circulation, overall, the buying pressure needs to be stronger.