With so much ETH now locked up in validators, will that protect it from falling as far as other tokens whenever the next crash comes along?

Has anyone deep dived into the numbers, and if so could the amount locked up in validators create a protective buffer to prevent Ethereum's price from falling as far as most other tokens? If so that's likely to spark the flippening as big investors can visibly see that one option is safer in a market known for volatility.

The other big event i see leading to the flippening is if nations start to legislate against Bitcoin due to the energy usage, which tbh they probably should do as 'a store of value' can be achieved far more efficiently by other methods.