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Weekly Ethereum Staking Deposits Hit Record Low Just Weeks Before Merge

 Weekly Ethereum Staking Deposits Hit Record Low Just Weeks Before Merge

The number of weekly ETH deposits sent to the beacon chain hit an all-time low less than a month before Ethereum transitioned to proof-of-stake, according to Dune Analytics. The reasons for the recent drop are varied, from speculators betting on new airdrops to others worried that the merger won't go as planned.

Hildebert Moulié, a data scientist at Dragonfly Capital who goes by the pseudonym Hi.....