#ETH staking platforms dump 70,000 ETH.#

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Overview

Currently, the trend of unstaking on ETH staking platforms is intensifying. Since late November last year, the amount of ETH locked in liquid staking platforms has decreased by 70,000 ETH, dropping to 13.78 million ETH. Among them, Lido, as the dominant platform, has seen its staked ETH decrease by 160,000 ETH since November 30th, while Binance's liquid staking platform has added 150,000 ETH in the past 36 days. Rocket Pool has experienced continuous capital outflow, losing 479,374 ETH from October 29th to the end of November, and further decreasing by 7,743 ETH in the past 36 days. Currently, these LSD platforms hold 13.78 million ETH, accounting for 11.44% of ETH's circulating supply. Changes in user preferences and competition have raised questions about the future of LSDs. The overall decline in ETH locked reflects potential market hesitation.

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Analysis

The amount of ETH held by liquid staking platforms has decreased by 70,000 since late November, with the total amount of ETH locked in these platforms now below the record levels seen at the end of November. While the amount of ETH locked in liquid staking platforms surpassed 14 million in October 2024, this figure has dropped to 13.78 million as of January 5, 2025. Among them, Lido remains dominant, but the amount of ETH on its platform has decreased by 160,000 since last November. Meanwhile, Binance's liquid staking platform has added 150,000 ETH in the past 36 days, while Rocket Pool has experienced continuous outflows. The overall decline in ETH locked reflects potential market hesitation, with changes in user preferences and competition raising questions about the future development of LSDs.

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ETH staking platforms have sold 70,000 ETH, reflecting market hesitation about the future of LSD

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Lido remains the largest ETH staking platform, but its staked ETH has decreased by 160,000 since November last year

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Binance's liquid staking platform has added 150,000 ETH in the past 36 days, attracting increasing interest

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Rocket Pool has experienced continuous capital outflows, losing 479,374 ETH from October 29th to the end of November

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