Meme trading platform GMGN deposited 𝟭𝟮,𝟬𝟬𝟬 𝗘𝗧𝗛 ($32.6M) of fee revenue earned on Robinhood Chain into Ethereum staking. Since Robinhood Chain launched 3 months ago, GMGN has accumulated roughly 𝟮𝟰,𝟱𝟬𝟬 𝗘𝗧𝗛 ($66.5M) in fee income from that chain alone. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Staking 12,000 ETH locks a material chunk of supply out of circulation, converting operating revenue into yield-generating collateral. The $66.5M cumulative fee income over just 3 months signals strong meme trading volume on Robinhood Chain — and sustained staking inflows from operating businesses reduce liquid ETH supply and support price. For ETH, this adds a structural bid to the staking yield side. Watch for follow-on deposits as a continuation signal; a reversal into exchange deposits would flip the read to distribution. https://arkm.com/explorer/address/0x5d044222DB40F7C987AE22E385DfBea4618960db source: EmberCN Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2847