Crypto Bull Run Signals Build as Pepeto Wallets Lock In Before Listing

Crypto bull run conditions are building as Ethereum staking hits a record 41.7 million ETH, locking more than one third of supply out of circulation while the price sits 44% below its January levels. CryptoQuant data shared by Bitfinex shows staked ETH climbed from 36 million in late 2025 to its current high, removing sell pressure every week.

When the largest holders on the biggest smart contract network lock instead of sell, the supply side is compressing before the move starts. While the crowd waits for confirmation, $10.6 million has already moved into Pepeto’s presale from wallets that read the signals early.

Ethereum staking record signals crypto bull run setup as supply locks in

Staked ETH climbed from roughly 30% of supply at the start of 2026 to 34.5% by August, a pace of growth that accelerated between June and August according to data from Token Terminal. The increase happened while ETH fell from $3,400 in January to around $1,882, meaning holders chose yield over exit at every price level on the way down.

Fidelity filed to add staking to its $898 million FETH ETF, and BlackRock already launched its staked ETH product in February. This setup benefits the broader market because staked tokens do not trade, and every new dollar locked tightens the supply available on exchanges. The pattern matches previous cycles where supply compression preceded price moves by weeks, according to CoinDesk.