Over the past two weeks, the Liquid Staked Derivatives (LSD) protocol has reduced 60,000 ETH worth over $198 million, of which 40,000 ETH withdrawn by Lido. As of April 15, 2024, 27 different LSD platforms had 13.15 million ETH, which has now been reduced to 13.09 million ETH, currently worth $43.01 billion. LSD protocol Lido remains the largest holder of ETH in LSD with 9.35 million ETH, representing 71.41% of the total market share.
Two weeks ago, Lido reported having 9.39 million ETH, which has since fallen by 40,000. Rocket Pool, another LSD platform, saw its ETH rise slightly from 1.13 million to 1.14 million. As of Sunday, Binance Pool also saw a slight increase, from 896,355 ETH to 896,406 ETH.
Liquid Staked Derivatives Protocol Reduces 60,000 Ethereum in the Past Two Weeks
2024-04-29 00:52:09
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