1 week ago
Ethereum Staking Surpasses 30% as Institutional Capital Pours In
EthereumBlockchain Yieldcrypto marketDeFiETH StakingethereumEthereum PriceInstitutional CryptoLido Finance
TLDR: Nearly 38.9M ETH worth $85B is now staked, removing one in three tokens from open market circulation. Lido, Binance, Coinbase, and Kraken collectively control the bulk of all staked Ethereum holdings. ETH climbed from $2,050 to $2,260 in seven days, with buyers absorbing dips after the April 7 breakout. Reduced liquid supply means demand-driven [...]
The post Ethereum Staking Surpasses 30% as Institutional Capital Pours In appeared first on Blockonomi.
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