Nansen’s research found other concerning details. Just five entities account for over 64% of all staked ether. Of those, three are exchanges – Coinbase (COIN), Kraken and Binance – accounting for 30% of staked ETH. Lido, an open financial platform run by a decentralized autonomous organization (DAO), holds the largest share of 31% of staked ETH.
Related posts
-
Germany transfers about $40m in Bitcoin amid ongoing selloff
The German government has transferred 700 Bitcoins (BTC), valued at approximately $40.47 million. This transaction is... -
Ethereum Price Prediction | Is ETH a Good Investment?
How will the recent market crash impact Ethereum price prediction? Experts weigh in on potential outcomes.... -
Mt. Gox repayments test and German BTC sell-off: Bitcoin still bullish?
Bitcoin has experienced a stark correction in the last 24 hours, sparking fear in the market....