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Over 5.2 Million ETH Locked In The Ethereum 2.0 Deposit Contract, Valued At More Than $13.1B

Mary Liu

Summary: According to the data from Glassnode Alerts, as of May 31, 2021, the value of the Ethereum 2.0 deposit contract has exceeded its previous high. The locked ETH reached 5,209,474, which is worth more than $13.1 billion at current prices.  A new verification procedure is added to Ethereum 2.0 every 7-8 minutes, shown by the ...

According to the data from Glassnode Alerts, as of May 31, 2021, the value of the Ethereum 2.0 deposit contract has exceeded its previous high. The locked ETH reached 5,209,474, which is worth more than $13.1 billion at current prices. 

A new verification procedure is added to Ethereum 2.0 every 7-8 minutes, shown by the Etherscan Explorer website. Therefore, almost 4.5% of the total Ethereum has been allocated in the PoS deposit contract.

By Mary Liu

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