Cryptocurrency

ETH 2.0 Total Value Staked by Provider hits 11.5M

meaning

Total amount of ETH transferred to the ETH2 deposit contract via the staking provider.

quick take

  • At the time of writing, approximately 11.5 million ETH has been staked through staking providers.
  • Lido holds 42% of staked ETH.
  • Meanwhile, centralized exchanges Coinbase, Kraken, and Binance hold 18%, 11%, and 9% of staked ETH, respectively.
  • 80% of staked ETH is concentrated in the four aforementioned entities.
Total amount wagered by provider: (Source: Glassnode)

The article first appeared on CryptoSlate, stating that the provider’s total staking of ETH 2.0 has reached 11.5M.

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