ETH staking numbers are getting debated right now ⚠️
Santiment claims 50.18% of ETH supply (around 80M ETH) is in the staking deposit contract first time crossing 50%.
But CoinShares says this is misleading ❌
Because the deposit contract only shows deposits and doesn’t subtract withdrawals.
So the “80M ETH” is basically accumulated deposit records, not the real active staked balance.
✅ CoinShares estimates active staking is closer to:
~37M ETH = ~30.8% of circulating supply
That’s why many analysts say ETH staking rate is around 30%, not 50%.

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