general

Find out who put the stakes of ETH in the Ethereum 2.0 contract? Are they in profit or loss?

Find out who put the stakes of ETH in the Ethereum 2.0 contract? Are they in profit or loss?

The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles

Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles

Answer Find out who put the stakes of ETH in the Ethereum 2.0 contract? Are they in profit or loss?

Ethereum is following Bitcoin step by step as it has been in a downtrend since the beginning of the year.

Followers of the crypto market know that Ethereum is preparing to move from the mining mechanism to the “stacking” mechanism, as with the upgrade of Ethereum 2.0, Ethereum will get rid of mining permanently and depend on the entire stake mechanism.

Ethereum has previously announced the launch of an upgrade that allows Ethereum holders to allocate their coins early, with some conditions such as the inability to withdraw the deposit until the upgrade date, with some platforms that allow to stop and take out coins at any time.

Read:Find out when smart contracts will start rolling out on the Cardano blockchain

The question now is, are those who stake the Ethereum coins in the Ethereum 2.0 contract in profit or loss?

Ethereum is down 60% since the beginning of the year:

Will Sheehan, founder of Parsec Finance, shared some data about the owners and holders of Ethereum based on the entry price for the stake.

Will explained that only 17% of Ethereum holders are still profitable now.

But the majority of Ethereum miners suffer a huge loss.

According to the data, a large number of investors staked Ethereum coins when the Ethereum price was hovering around the $2,500 to $3,500 price range.

While there are quite a few users who bet Ethereum when the price was hovering around the $3,500 level.

Ethereum price has fallen by 60% since the beginning of the year to date (at the time of publication of the article).

Ethereum is trading at an average price of $1070, which is still 78% lower than its all-time high of $4,891.

Read:FTX Ventures acquires 30% of SkyBridge shares…Details here

As bear market conditions continue, the percentage loss of Ethereum can increase.

Read:The ICON project continues to innovate and launches its latest product: Decentralized Passport Services

Recently, the price of Ethereum dropped to touch the $900 level.

At the same time, the data only depicts entry prices and does not add up the additional Ethereum rewards that benefactors get.

Recently, investor interest in owning Ethereum has declined.

Currently about 11% of the total supply is allocated.

LIDO represents about 32% of the total Ethereum stake.

Coinbase and Kraken own 14% and 9%, respectively.

Meanwhile, the main percentage of 32% of Ethereum is distributed to the 29 validators appointed by Lido.

Read also:

Cryptocurrency exchange KuCoin denies withdrawal rumors

Crypto companies suffer … “Three Arrows Capital” files for bankruptcy and “Voyager Digital” suspends withdrawals


And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time

Previous post
For the first time since April, Solana has avoided stopping on the first day of the month
Next post
Cryptocurrency exchange KuCoin denies withdrawal rumors