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Ethereum Staked on Blockchain Set to Surpass Ether on Exchanges for First Time

June 16 (Cointime) - The amount of ether staked inside the Ethereum blockchain is set to surpass the amount kept on crypto exchanges for the first time ever in the next few weeks. As of earlier this week, there was only 6.12% more ETH on exchanges than staked, compared to almost 16% at the end of May and over 41% at the start of the year.

This trend suggests that Ethereum users are staking their ether rather than keeping it on exchanges, possibly due to the SEC's scrutiny of crypto exchanges. The staking-exchange flippening is expected to happen by the end of this month if the trend continues.

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