Insights

ETH 2.0 Total Value Staked by Provider hits 11.5M

exchange68September 13, 2024

0 0 1 minute read

Definition

The total amount of ETH transferred to the ETH2 deposit contract via staking providers.

Quick Take

As of press time, roughly 11.5 million ETH is staked via staking providers.
Lido holds 42% of the staked ETH.
Meanwhile, centralized exchanges Coinbase, Kraken and Binance hold 18%, 11% and 9% of all staked ETH, respectively.
80% of the staked ETH is concentrated among the four aforementioned entities.

Total value staked by provider: (Source: Glassnode)

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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