<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1561631918-0e0d6af260af/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhsaWI9cmItMS4yLjEmcT04MCZ3PTEwMDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1561631918-0e0d6af260af/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhsaWI9cmItMS4yLjEmcT04MCZ3PTEwMDA"/></p>
<p><em>圖片來源：Unsplash</em></p>
<p>過去六個月，持有以太坊的加密貨幣交易所的數量一直在下降。隨着以太幣價格保持穩定，越來越多的持有者參與了質押。分析師預測，只要價格保持穩定，更多的 ETH 將被質押，這一趨勢將持續下去。</p>
<h2>以太坊交易所供應持續下降</h2>
<p>根據 Santiment 的數據，持有在交易所的以太坊（ETH）在七月份達到了峯值，數量為 1231 萬個代幣。此後，這一數量穩步下降，目前為 815 萬個。Santiment 的分析師預測，隨着更多以太坊被鎖定在質押中，交易所的供應將進一步縮減。</p>
<blockquote>
<p>🤑 以太坊網絡上非空錢包的數量現已激增至超過 1.755 億，創下所有加密貨幣的記錄。隨着質押持續受到強烈關注，尤其是在市場橫盤時，交易所的供應也將繼續減少。 pic.twitter.com/sbDzmoRRS5</p>
<p>— Santiment (@santimentfeed) 2026 年 1 月 27 日</p>
</blockquote>
<p>根據 CoinGecko 的數據，過去一週以太坊的交易價格在 2801 美元到 3034 美元之間波動。Santiment 的分析師認為，只要價格波動保持平穩，更多的以太坊將繼續被質押，從而導致交易所供應的減少。</p>
<blockquote>
<p><em>“隨着質押持續受到強烈關注，尤其是在市場橫盤時，交易所的供應也將繼續減少，”</em> 他們表示。</p>
</blockquote>
<p>區塊鏈瀏覽器 Ethereum Validator Queue 顯示，質押入隊的數量接近上限，排隊的代幣數量為 360 萬個。進入質押的預計等待時間已上升至 63 天，而退出質押的等待時間為 18 小時。這是由於每個週期內可以進入和退出質押的驗證者數量有限，以確保網絡的穩定性。</p>
<h2>質押導致更多以太坊被提取</h2>
<p>截至目前，已質押超過 3600 萬個以太坊，約佔總供應的 29%。根據 beaconcha.in 和 Dune Analytics 的數據，這一數字較六月份的 3500 萬有所上升。質押活動的增長表明對以太坊的強烈信心，因為這需要將代幣鎖定以確保網絡安全。</p>
<p>以太坊作為一個權益證明網絡運作，驗證者鎖定代幣以確保網絡安全。當驗證者質押他們的以太幣時，他們展示了對該資產的信心，因為他們需要長期承諾他們的持有。相比之下，解除質押被視為驗證者可能想要出售他們的以太幣的信號。</p>
<p>一個大規模質押承諾的例子是 BitMine，目前已質押超過 250 萬個以太幣。根據 Lookonchain 的數據，BitMine 最近又質押了 250,912 個 ETH，使其總質押量約佔其持有量的 61%。BitMine 於 2025 年 12 月開始質押，轉移了 74,880 個 ETH。</p>
<p>一些質押者似乎正在購買更多的以太幣，最近從交易所的提取證明了這一點。Lookonchain 報告稱，四個質押錢包從 Binance 提取了超過 26,000 個代幣。這表明這些錢包可能在為質押積累更多的以太幣，從而進一步減少交易所可用的以太幣數量。</p>
<p>根據 CoinMarketCap 的數據，週四以太坊的交易量約為 235.4 億美元，較前一天的 270 億美元有所下降。這一交易量的下降與質押活動的增加和以太坊交易所供應的縮減趨勢相伴隨。</p>
<hr/>
<p><em>更多來自此作者的文章：</em></p>
<p>以太坊重新測試關鍵的 2750 美元支撐，關注潛在的價格變化</p>
<p>XRP 的價格走勢以更快的速度追蹤白銀的歷史走勢</p>
<p>富國銀行股票：隨着銀行支持 AI 驅動的野火項目而上漲</p>

<p>在過去六個月中，以太坊在交易所的供應量從 1231 萬減少到 815 萬枚，因為越來越多的持有者參與質押。分析師預測，如果價格保持穩定，這一趨勢將持續，目前已有超過 3600 萬 ETH 被質押，佔總供應量的 29%。質押的排隊等待時間接近滿員，等待時間為 63 天。值得注意的是，BitMine 已質押超過 250 萬 ETH，顯示出對以太坊的強烈信心。交易量也有所下降，反映出持續減少的交易所供應和增加的質押活動的趨勢</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1561631918-0e0d6af260af/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhsaWI9cmItMS4yLjEmcT04MCZ3PTEwMDA" alt="" original-src="https://images.unsplash.com/photo-1561631918-0e0d6af260af?ixlib=rb-1.2.1&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80"/></p>
<p><em>Image Source: Unsplash</em></p>
<div class="lb-trans"><p><em>圖片來源：Unsplash</em></p>
</div><p>The amount of Ethereum held on crypto exchanges has been declining over the past six months. As the price of Ether remains steady, more holders are participating in staking. Analysts predict that this trend will continue as long as the price stays stable and more ETH gets staked.</p>
<div class="lb-trans"><p>過去六個月，持有以太坊的加密貨幣交易所的數量一直在下降。隨着以太幣價格保持穩定，越來越多的持有者參與了質押。分析師預測，只要價格保持穩定，更多的 ETH 將被質押，這一趨勢將持續下去。</p>
</div><h2>Ethereum Exchange Supply Continues to Decline</h2>
<div class="lb-trans"><h2>以太坊交易所供應持續下降</h2>
</div><p>According to data from Santiment, Ethereum (ETH) held on exchanges reached its peak in July, with 12.31 million tokens. Since then, the amount has steadily dropped, now standing at 8.15 million. Santiment analysts predict that this trend will continue, with exchange supply shrinking further as more Ether is locked in staking.</p>
<div class="lb-trans"><p>根據 Santiment 的數據，持有在交易所的以太坊（ETH）在七月份達到了峯值，數量為 1231 萬個代幣。此後，這一數量穩步下降，目前為 815 萬個。Santiment 的分析師預測，隨着更多以太坊被鎖定在質押中，交易所的供應將進一步縮減。</p>
</div><blockquote>
<p>🤑 Ethereum's amount of non-empty wallets on the network has now ballooned to over 175.5M, a record among among all cryptocurrencies. As staking continues to be of strong interest, especially while markets move sideways, exchange supply will continue to shrink as well. pic.twitter.com/sbDzmoRRS5</p>
<p>— Santiment (@santimentfeed) January 27, 2026</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>🤑 以太坊網絡上非空錢包的數量現已激增至超過 1.755 億，創下所有加密貨幣的記錄。隨着質押持續受到強烈關注，尤其是在市場橫盤時，交易所的供應也將繼續減少。 pic.twitter.com/sbDzmoRRS5</p>
<p>— Santiment (@santimentfeed) 2026 年 1 月 27 日</p>
</blockquote>
</div><p>Ethereum has been trading between $2,801 and $3,034 in the past week, according to CoinGecko. Santiment’s analysts believe that as long as the price movement remains muted, more Ethereum will continue to be staked, contributing to a decrease in exchange supply.</p>
<div class="lb-trans"><p>根據 CoinGecko 的數據，過去一週以太坊的交易價格在 2801 美元到 3034 美元之間波動。Santiment 的分析師認為，只要價格波動保持平穩，更多的以太坊將繼續被質押，從而導致交易所供應的減少。</p>
</div><blockquote>
<p><em>“As staking continues to be of strong interest, especially while markets move sideways, exchange supply will continue to shrink as well,”</em> they said.</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>“隨着質押持續受到強烈關注，尤其是在市場橫盤時，交易所的供應也將繼續減少，”</em> 他們表示。</p>
</blockquote>
</div><p>Blockchain explorer Ethereum Validator Queue shows that the staking entry queue is near capacity, with 3.6 million tokens lined up. The estimated wait time to enter staking has risen to 63 days, compared to 18 hours for exiting staking. This is due to a limit on how many validators can enter and exit staking per epoch, ensuring network stability.</p>
<div class="lb-trans"><p>區塊鏈瀏覽器 Ethereum Validator Queue 顯示，質押入隊的數量接近上限，排隊的代幣數量為 360 萬個。進入質押的預計等待時間已上升至 63 天，而退出質押的等待時間為 18 小時。這是由於每個週期內可以進入和退出質押的驗證者數量有限，以確保網絡的穩定性。</p>
</div><h2>Staking Leads to More Ether Withdrawals</h2>
<div class="lb-trans"><h2>質押導致更多以太坊被提取</h2>
</div><p>As of now, over 36 million Ethereum has been staked, representing around 29% of the total supply. This is up from 35 million in June, according to beaconcha.in and Dune Analytics. The growth in staking activity suggests strong confidence in Ethereum, as it requires tokens to be locked up for network security.</p>
<div class="lb-trans"><p>截至目前，已質押超過 3600 萬個以太坊，約佔總供應的 29%。根據 beaconcha.in 和 Dune Analytics 的數據，這一數字較六月份的 3500 萬有所上升。質押活動的增長表明對以太坊的強烈信心，因為這需要將代幣鎖定以確保網絡安全。</p>
</div><p>Ethereum operates as a proof-of-stake network, where validators lock up tokens to secure the network. When validators stake their Ether, they demonstrate confidence in the asset, as they are required to commit their holdings long-term. In contrast, unstaking is seen as a signal that validators may want to sell their Ether.</p>
<div class="lb-trans"><p>以太坊作為一個權益證明網絡運作，驗證者鎖定代幣以確保網絡安全。當驗證者質押他們的以太幣時，他們展示了對該資產的信心，因為他們需要長期承諾他們的持有。相比之下，解除質押被視為驗證者可能想要出售他們的以太幣的信號。</p>
</div><p>One example of a large-scale staking commitment is BitMine, which now has over 2.5 million Ether staked. According to Lookonchain, BitMine recently staked an additional 250,912 ETH, bringing its total staking to around 61% of its holdings. BitMine began staking in December 2025, with a transfer of 74,880 ETH.</p>
<div class="lb-trans"><p>一個大規模質押承諾的例子是 BitMine，目前已質押超過 250 萬個以太幣。根據 Lookonchain 的數據，BitMine 最近又質押了 250,912 個 ETH，使其總質押量約佔其持有量的 61%。BitMine 於 2025 年 12 月開始質押，轉移了 74,880 個 ETH。</p>
</div><p>Some stakers appear to be buying up more Ether, as evidenced by recent withdrawals from exchanges. Lookonchain reported that four staking wallets withdrew over 26,000 tokens from Binance. This suggests that these wallets may be accumulating more Ether in preparation for staking, further decreasing the amount of Ether available on exchanges.</p>
<div class="lb-trans"><p>一些質押者似乎正在購買更多的以太幣，最近從交易所的提取證明了這一點。Lookonchain 報告稱，四個質押錢包從 Binance 提取了超過 26,000 個代幣。這表明這些錢包可能在為質押積累更多的以太幣，從而進一步減少交易所可用的以太幣數量。</p>
</div><p>The trading volume for Ethereum on CoinMarketCap was approximately $23.54 billion on Thursday, down from more than $27 billion the day before. This decline in trading volume comes alongside the increasing trend of staking and the shrinking exchange supply of Ether.</p>
<div class="lb-trans"><p>根據 CoinMarketCap 的數據，週四以太坊的交易量約為 235.4 億美元，較前一天的 270 億美元有所下降。這一交易量的下降與質押活動的增加和以太坊交易所供應的縮減趨勢相伴隨。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
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<div class="lb-trans"><p>以太坊重新測試關鍵的 2750 美元支撐，關注潛在的價格變化</p>
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</div>

Ethereum Supply On Exchanges Declines While Staking Volume Increases

- 以太坊在交易所的持有量過去六個月持續下降，現為 8.15 百萬枚。
- 由於質押活動增加，分析師預測這一趨勢將持續，非空錢包達 1.755 億個。
- 當前已質押超 3600 萬枚以太坊，佔總供應的 29%。

以太坊在交易所的供應量減少，而質押量則在增加