Ethereum’s Supply Shock Intensifies With 29% of ETH Locked in Staking. Photo by BeInCrypto Ethereum is under pressure as bearish sentiment intensifies across the market. Over the past week, the leading altcoin has lost 13% of its value, which has now pushed it below the critical $4,000 level. With the negative trader sentiment and institutional pullback, ETH now faces the risk of testing even lower price levels. Institutional Pullback and Falling Long/Short Ratio Raise Concerns ETH’s falling long/short r ...

``Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. `` ``Michael Saylor may now seem comfortable with the rise and adoption of the broader crypto ecosystem, but just over a year ago, he was every bit the staunch Bitcoin (CRYPTO: BTC) maximalist. `` `` At the time, he dismissed the likes of Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP), predicting that Wall Street would never accept anything beyond Bitcoin. `` Saylor’s Sweeping Predicti ...