Ethereum held in staking validators has now surpassed Ethereum held on centralized exchanges

Chart of the Day

Joshua Olszewicz
Valkyrie Investments
Apr 25, 2023

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Following the introduction of Ethereum’s beacon chain in late 2020, holders have become increasingly comfortable staking their ETH.

The amount of ETH held in staking contracts has exceeded the amount held on centralized exchanges for the first time.

Source: Glassnode

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