Few people have noticed: Over 32% of ETH has been staked. For every 3 ETH, 1 is locked up. More and more institutions are treating it as 'on-chain bonds.' How crazy is the demand? - Staking queue has stretched to 50 days - Total staked amount is nearing 40 million ETH As more and more ETH exits circulation— Will the price still follow the old logic? ETH