Ethereum has entered a critical stage in moving to a model based on stocks, as she crossed a major threshold with more than 35 million ETH is now closed in Stank contracts.
This number represents approximately 28.3 % of the total ETHEREUM supplies and its value is more than $ 84 billion at current market prices.
Lido, Binance and Coinbase control ETHEREUM
Blockchain Sentora Reports This is the highest percentage of ETH ever. The company stated that the accelerated trend in June when it was more than 500,000 ETH in the first half of the month.
This increase follows the clarity from the US Securities and Stock Exchange Committee (SEC). The agency’s guidelines gave institutional investors more confidence in Ethereum prospects.
As a result, big investors, including whales, showed an increasing interest in ETH, and they chose to share their property for more long -term exposure to the network.
Despite the enthusiasm surrounding the restricted ETHEREUM growth, concerns about decentralization have emerged.
Ethereum Stakers – Lido, Binance, and Coinbase, now controls nearly 40 % of all audit balances.
Lido, a dominant liquid platform, has about 8.7 million ETH, or 25 % of all coins. Meanwhile, each of them runs the central central pors, Binance and Coinbase, about 7.5 % of the Stokeing Market.
Centora warned: “The censorship event or the power of the current that affects Lido, Binance and Coinbase will now be more than 40 % of the new blocs.”
Power concentration has sparked this on the decentralization model in Ethereum. The dominance of some entities raises concerns about future governance and liquidity of the network.
Meanwhile, the mutation in the deserting activity, along with about 19 % of ETH closed in long -term holdings, reduces the liquid supply available for trading.
As a result, the ETH float is close to unprecedented levels since the merger, causing books to arrange the thinner and increased market fluctuations. Moreover, the ETH Spot markets are witnessing more clear price fluctuations, which inflates both gatherings and corrections.
In addition, the Defi platforms also feel pressure. Centora noted that borrowing rates for liquid symbols such as STTH, RHTH and FRXETH are rising.
Cinetura indicated that these symbols may feel a pyro if the unit guarantee is rare. This may compel the lending protocols to control its strategies to accommodate the tightening market.
Disintegration
In adherence to the confidence project guidance, beincrypto is committed to unprepared and transparent reporting. This news article aims to provide accurate information in time. However, readers are advised to independently verify facts and consult with a professional before making any decisions based on this content. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.
https://beincrypto.com/wp-content/uploads/2025/06/bic_ethereum_etf-covers_neutral.png
2025-06-29 13:30:00
