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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Ethereum has reached a significant milestone with 1.8 million daily transactions, marking a one-year high in network activity. Simultaneously, 30% of ETH supply is now locked in staking, demonstrating strong holder conviction. Wall Street institutions are accelerating their Ethereum accumulation, with Goldman Sachs leading with $721 million in exposure.
- 30% of total ETH supply is now locked in staking contracts, demonstrating unprecedented long-term holder commitment
- Goldman Sachs leads institutional accumulation with $721 million Ethereum exposure, adding 160,072 ETH to holdings
- Bitcoin's market dominance dropped from 60% to 57% in August, signaling capital rotation into Ethereum and other assets
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