Insight: Nearly 40% of Ethereum is in a “locked” state, national reserves may join the bidding camp

BlockBeats News, October 15, according to information from relevant websites, the current Ethereum staking amount accounts for 29.39% of the total supply, while Spot ETFs and Ethereum DATs hold 5.66% and 4.88% of Ethereum, respectively. The sum of the three accounts for 39.93% of the total Ethereum supply.

Additionally, this week, the Kingdom of Bhutan announced that it will build its national identity authentication system on Ethereum. However, the country currently does not hold any ETH. Therefore, there is reason to expect that the national reserves may join the Ethereum bidding camp. (Cointelegrph)