Deposit contract is the first major element of #Ethereum (ETH) infrastructure.
Future validators of Ethereum 2.0 must deposit a minimum of 32 ETH to take their place in proof-of-stake Ethereum.
🚩13.1 Billion Dollars Locked Out
According to #Glassnode #Alerts data, the Ethereum 2.0 deposit contract value managed to hit an all-time high.
At the time of writing, 5,209,474 Ether was transferred to the Ethereum 2.0 deposit contract. Considering that Ethereum is currently trading at $2,648, current deposits stand at just over $13.1 billion.
#Eth2Validators noted on Friday that more than 161,000 participants were involved in the ecosystem. It was stated by analysts that almost 95% of them are active.
A new validator joins Ethereum 2.0 every 7-8 minutes to #Etherscan. This is why almost 4.5% of all Ethereum supply is now allocated in a proof-of-stake deposit contract.