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Total Value Locked in ETH 2.0 Deposit Contract Hits $7.6 Billion As ETH Reaches $2,152 ATH

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Sat, 3/04/2021 - 10:52
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Total Value Locked in ETH 2.0 Deposit Contract Hits $7.6 Billion As ETH Reaches $2,152 ATH
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On Friday, April 2, the second biggest crypto, Ethereum, reached a new all-time high, hitting $2,152.

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After that reports came out that the total value locked in the Ethereum 2.0 deposit contract has surpassed $7.6 billion (3,645,442 ETH) and a new high in ETH exchange withdrawals has been reached.

$7.6 billion ETH locked in ETH 2.0 contract

As Ethereum has soared to another all-time high above $2,000, ETH verifiers keep locking their coins in the Ethereum 2.0 deposit contract.

According to a Glassnode chart, earlier today the total value of ETH locked in the contract amounted to a staggering $7,658,232,113.59 – that’s a new all-time high.

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The previous all-time high achieved on April 1 totalled $6,911,649,697.

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ETH withdrawals see new 1-month high

The Glassnode team has also shared that the amount of Ether that has been withdrawn from exchanges by investors has reached a one-month high of 1,385.137 (7-day moving average).

In the meantime, the number of wallets with 1,000 ETH or more has dropped to a 3-year low of 6,523 as investors keep absorbing more of the second largest cryptocurrency.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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