Data from DeFiPulse shows that the amount of Ethereum locked in DeFi protocols and smart contracts has surpassed a new all-time high of 9.6 million. Calculating with the current price, it's equal to around $16.5 B.
Related: The number of large Ethereum addresses decreased by 7.2%
This is around 8.3% of the token's overall supply, which is nearly 115 million Eths. Besides, Beacon Chain now holds 3.53 million ETH staked. The first time the indicator went up to 10 million was on March 11. Mostly, there are medium size addresses that deposit more Eths.
On the other hand, the number of wallets containing from 100 to 10,000 ETH fell by 7.2%.
However, Ethereum transaction history and recent investments show that the asset sees high demand. On March 17, Japanese image editing software company Meitu stated investing around $28.4 M Eth and $21.6 M in BTC.Around 1 million addresses had earlier purchased more than 14 million ETH between $1,770 and $1,830. At the moment of writing, the token trades at nearly $1818. Many argue if it will be able to resist this level or no.