Wintermute: Currently, over 70% of the circulating ETH is not staked

ChainCatcher message, Wintermute stated on social media that the current circulating ETH is approximately $120.3 million, but the ETH currently staked is only about 34.3 million coins, which means that over 70% of ETH remains unstaked, typically sitting idle in wallets, missing out on earning rewards and participating in DeFi.

Among the staked ETH, about 9.6 million is staked through Lido. Although these assets can generate returns and be used to participate in DeFi, their full potential has yet to be fully realized. With this integration of Lido's solution, Wintermute can now offer stETH as collateral for over-the-counter trading.