.cz_binance is bullish on ethereum, here's what makes him so. $ETH
As Nansen blockchain data research company reported on May 9, the number of ETH coins locked and staked on Ethereum Beacon Chain has topped a total of 19,375,242 coins.
Nansen account stressed that all these coins are locked and will be out of circulation for a long time. Besides, they will ensure rewards to stakers on the Beacon Chain. The fact of the all-time high of locked coins shows the high interest of investors in the proof-of-stake algorithm adopted by Ethereum instead of proof of stake since the recent upgrade.
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