Analysis of Lido’s ETH Deposits Reveals Top Contributors

It is reported that according to the analysis of 0xScope, in the past month, there were 1.02 billion US dollars worth of ETH deposited in Lido, of which Sun Yu…

Analysis of Lidos ETH Deposits Reveals Top Contributors

It is reported that according to the analysis of 0xScope, in the past month, there were 1.02 billion US dollars worth of ETH deposited in Lido, of which Sun Yuchen deposited more than 303000 ETHs (about 500 million US dollars) through three addresses, which may be the largest individual ETH 2.0 pledger; At the beginning of the anonymous multi-signature address 0xea, a total of 78700 ETHs (about US $130 million) were drawn from Aave and Coin An to participate in the pledge, which may be a fund; NFT DAO Nouns Treasury ranked third in the past month according to the number of ETHs deposited in Lido, with 10000 ETHs (about US $16.3 million) deposited in Lido. The fourth status R&D multisig deposited 7425 ETHs on February 22.

Data: ETH worth more than US $1 billion deposited in Lido in the past month

Interpretation of the news:


A recent analysis by 0xScope revealed that Lido saw a staggering $1.02 billion worth of ETH deposits in the past month, with some notable contributors standing out. The largest among them was Sun Yuchen, who deposited more than 303,000 ETHs (worth about $500 million) through three different addresses. This makes him possibly the biggest individual pledger to ETH 2.0.

Another interesting deposit was made from an anonymous multi-signature address, 0xea, which drew a total of 78,700 ETHs (worth roughly $130 million) from Aave and Coin An to participate in the pledge. This suggests that it may be a fund, although its exact nature and purpose remain unclear.

NFT DAO Nouns Treasury ranked third in terms of the number of ETHs deposited in Lido, with 10,000 ETHs (worth approximately $16.3 million) deposited in total. This is a testament to the growing popularity of non-fungible tokens (NFTs) and their role in the crypto ecosystem.

Finally, the fourth spot belongs to the R&D multisig, which deposited 7,425 ETHs on February 22. While not as significant as the other three contributors, it still demonstrates an increasing interest in ETH 2.0 and the potential benefits it offers.

Overall, the analysis of Lido’s ETH deposits paints a diverse picture of the crypto space, with both individuals and funds contributing to the growing ETH 2.0 ecosystem. While the exact motivations behind each deposit remain unclear, it is clear that there is growing interest in the development and adoption of ETH 2.0 as a key component of the crypto landscape.

In conclusion, the analysis of Lido’s ETH deposits reaffirms the growing popularity of ETH 2.0 and the increasing number of individuals and entities willing to contribute to its development. As the crypto space continues to evolve, it will be interesting to see what role this new ecosystem plays in shaping the future of finance and technology.

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