Users have deposited over 3 million ETH into the Ethereum 2.0 deposit contract

The total value locked in the Ethereum 2.0 deposit contract has surpassed 3 million ETH ($5.31 billion).

Special Tweet — We just crossed 3M ETH staked! 🚀🚀

93,073 with 3,000,034 ETH deposited. (5.4B @ 1801 per eth). This is 2.62% of ETH supply

Active Validators: 84,273
Queue: 8,800 (~9 days and 18 hours)
Annual Reward (Stake Pool): 9.06%
Daily new validators (7d avg): ~365

— The # of ETH2 Validators are: (@eth2validators) February 10, 2021

Data: Etherscan.

The figure corresponds to 2.62% of the supply of the second-largest cryptocurrency by market capitalization.

The required threshold of 1 million ETH in the deposit contract was surpassed four days after the launch of Phase 0 of Ethereum 2.0

What is Ethereum 2.0?

According to beaconcha.in, the Ethereum 2.0 ecosystem has 84,729 validators. The figure has averaged an increase of 365 per day on average over the last seven days. 2.7 million ETH is staked (an average of 32.43 ETH per address).

Trend of validators and ETH staked in Ethereum 2.0. Data: Beaconcha.in.

Staking yield has fallen to 9% per year.

Data: Launchpad.

In the first week of February, Ethereum broke through the $1,700 level. During trading on February 9–10, the price made unsuccessful attempts to hold above the $1,800 level.

Analysts at Coin Metrics note that since the start of the year the number of wallets with more than 10,000 ETH rose from 1,150 to more than 1,250.

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