The locked balance on the Ethereum 2.0 deposit contract has reached a new all-time high of 8.8 million ETH, worth over $33 million.
within the last six months, jumping from 27,132 in June to 59,867 at the time of writing. More validators have also joined the network, with the figure moving from 152,000 validators in June to 276,197 validators at present despite the current annual yield being a mere 5%.The increasing number of unique depositors, validators, and the ETH balance on the Ethereum 2.0 deposit contract is an indicator that investors and the Ethereum community are bullish on the native token in the long term.
in August also noted that whales are also locking up their ether, with over 95,000 ETH staked in a single day.Meanwhile, as users continue to stay bullish, Ethereum developers are working round the clock to make ETH 2.0 a reality. With phase 0 already completed in late 2020, the Altair upgrade on the Beacon Chain was successfully deployed in October 2021.
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