staked

Blockworks analyst Jake Koch-Gallup published a rebuttal to the viewpoint that Ethereum is losing its liquidity moat, arguing that despite the challenges to ETH's value capture ability and stablecoin market share, its reserve asset characteristics, Layer 2 ecosystem, and institutional adoption still constitute a long-term competitive advantage.In response to the issue of low on-chain revenue for Ethereum, Jake pointed out that ETH's valuation depends not only on actual economic value (REV) but also includes reserve asset and collateral premiums, with ETH's market capitalization currently about 1,100 times the REV of the past 12 months. Additionally, the development of Layer 2 networks such as Robinhood Chain and Base can still strengthen the Ethereum ecosystem, rather than indicating that funds and applications are completely leaving Ethereum. Jake also noted that Ethereum currently accounts for about 65% of the total value locked (TVL) in DeFi, with approximately 45% of the on-chain managed scale in real-world assets (RWA), while spot ETFs and corporate treasuries collectively hold about 13% of the total ETH supply, and about 36% of the ETH supply is currently staked.Although Ethereum's stablecoin market share has gradually faced dilution pressure from around 51%, Jake believes that as the overall stablecoin market expands, its absolute scale may continue to grow. However, Jake also acknowledged that relying solely on ETH's reserve asset premium, without sufficient revenue and value return mechanisms, raises questions about its valuation sustainability.

According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet received 110,000 HYPE (approximately 9.73 million USD) from another wallet and immediately staked all the tokens after receiving them.

According to Onchain Lens monitoring, Jump Crypto's Firedancer wallet has staked another 454,000 SOL, worth 49.81 million USD.

According to The Defiant citing data from Beaconcha.in, the number of active Ethereum validators has decreased by 2.5% over the past 7 days, to approximately 863,000, while the total amount of staked ETH has slightly increased by 0.08%, reaching 43.74 million.The decline in the number of validators is mainly related to the validator merging mechanism after the Pectra upgrade. This upgrade raised the maximum effective balance of a single validator from 32 ETH to 2048 ETH, allowing operators to merge multiple validators without needing to exit staking, thereby reducing network communication and consensus overhead. Currently, approximately 507,000 ETH are in the merging queue, with an expected waiting time of about 5 days and 11 hours.

According to Whale Alert monitoring, at 23:01 Beijing time today, an unknown wallet unlocked 956,610 SOL (approximately 115.62 million USD) in staking.

Linea's official statement indicates that some validators supporting the Yield Boost treasury are withdrawing as a precaution due to the MetaMask staking incident. Linea emphasizes that the funds and control of the staking treasury itself have not been affected.The impact of this incident is that during the period when relevant validators withdraw and are replaced by new validators, the net staking rewards that provide funding sources for ecosystem incentives will temporarily decrease. Linea stated that it is closely monitoring the situation's progress.

The Rollup founder Andy commented on the MetaMask infrastructure security incident, stating that, according to sources, unless significant negative news arises, there will be a small-scale withdrawal of staked ETH. It is recommended to take proactive measures for all re-staked ETH positions that have exposure to Lido.Andy expressed hope for a positive outcome, but he believes it may be wiser for the protocol and investors to actively respond. He mentioned that the current situation seems to be under control, but based on his recent communications with multiple parties, no one is clear about what exactly has happened.

According to monitoring by Lookonchain, SharpLink Gaming has once again staked 42,100 ETH, worth 113 million dollars. SharpLink Gaming currently holds 892,100 ETH, valued at 2.4 billion dollars, and has received 27,900 ETH in staking rewards, worth 75 million dollars.

According to monitoring by Lookonchain, a mysterious giant whale has once again exchanged 200.71 Bitcoins (BTC) for 6,247 Ethers (ETH), with a transaction value of approximately 17.2 million USD.In the past 6 days, this giant whale has cumulatively exchanged 1,308 BTC for 40,670 ETH, with a total value of approximately 104 million USD, and has staked all the obtained ETH.

According to monitoring by Lookonchain, a certain whale sold 1,107 Bitcoins on Hyperliquid over the past 5 days, worth 86.76 million dollars; subsequently, it bought 34,400 ETH, worth 86.50 million dollars, and staked all of it.

According to Lookonchain monitoring, a newly created wallet (address 0xC2f1) withdrew 2,695 ETH (worth 6.94 million USD) from Gemini 5 hours ago and staked all of it.

Cryptocurrency asset company Bitmine Immersion Technologies announced last week that it has increased its holdings by 27,180 ETH, bringing its total ETH holdings to over 5.95 million, valued at approximately $1.54 billion, accounting for about 4.9% of the circulating supply of Ethereum. Including cash and other cryptocurrency assets, the company's total holdings amount to approximately $15.8 billion.Bitmine stated that currently over 5.06 million ETH are staked, and based on the current yield, it is expected to generate approximately $334 million in staking income annually, with about 85% of its ETH holdings used for staking. In comparison, the staking ratio for Grayscale Ethereum Staked ETF (ETHE) is 84.6%. Since BTC does not generate native staking income, this strategy has advantages over treasury companies holding Bitcoin. On Monday, Bitmine's stock price remained flat, around $25, having risen nearly 38% over the past month.Meanwhile, Michael Saylor's Strategy has not purchased Bitcoin for the second consecutive week, instead opting to repurchase its STRC preferred shares. Between September 8 and 13, Strategy spent $139.3 million to repurchase approximately 1.42 million shares of STRC, following a previous week where it repurchased $176.3 million worth of STRC. As of September 13, Strategy's Bitcoin holdings remained unchanged at 845,050 coins.

According to on-chain analyst Yu Jin's monitoring, a suspected address related to @HypeStrat (0x6436...0103) has accumulated and staked 365,000 HYPE in the last 24 hours, worth $29.65 million.In the past half month, this address has gradually accumulated and staked 3.029 million HYPE, worth $252 million, with an average price of about $83.4. According to the data released yesterday, it currently holds 31.8 million HYPE, worth $2.513 billion.

According to CoinDesk, the Bitcoin mortgage product jointly launched by Better Mortgage and Coinbase has been fully launched last week. Borrowers can pledge Bitcoin at a 250% collateral rate to pay for the down payment on a home. For example, to purchase a $500,000 property, one would need to pledge $250,000 in Bitcoin to support a $100,000 down payment. Since the full launch, the pre-application loan scale has reached $360 million, higher than the previous estimated $260 million from the waiting list users.At closing, borrowers will receive two loans: one is a conventional mortgage secured by the property that meets Fannie Mae standards, and the other is a down payment loan secured by pledged Bitcoin and a subordinate lien on the property. Better disclosed that it may re-pledge the Bitcoin pledged by borrowers, as long as an equivalent amount of assets is retained for return. Borrowers cannot retrieve their crypto assets early and must wait until the conventional mortgage is fully repaid or refinanced to recover them, meaning Bitcoin may be locked for up to 15 to 30 years.Unlike typical crypto loans, a drop in Bitcoin prices will not trigger a margin call or automatic liquidation; liquidation of pledged assets may only occur 60 days after the borrower defaults. Coinbase only acts as a custodian and technology provider and does not participate in credit decisions. Currently, the product only supports Bitcoin collateral; both parties mentioned USDC when announced in March but ultimately chose to launch with BTC first.

According to market news, the new address "0x9807...19c9D" withdrew approximately 44.19 million ENA from Coinbase about 4 hours ago, worth approximately 6.82 million dollars, and staked all the tokens to the Ethereum-based stablecoin protocol Ethena contract about 3 hours ago.

Bitcoin mining company BitMine Immersion Technologies stated in its latest staking disclosure that as of August 30, it has staked 5,067,309 ETH, valued at approximately $12.7 billion based on a price of $2,511. The company's disclosed staking balance remained unchanged from August 9 to 30, while it added 53,501 ETH in the latest week, bringing its total holdings to 5,901,112 ETH.BitMine indicated that its Ethereum vault accounts for about 4.9% of the total Ethereum supply of 120.7 million coins, and the company had previously set a target to acquire 5% of the total Ethereum supply. The company has set the annualized yield for its staking operations over the past seven days at 2.63%, stating that the annualized staking income corresponding to the current holdings is approximately $335 million; if the entire ETH balance is staked through its self-built network and staking partners at the same yield, the annualized staking rewards could reach $390 million.BitMine officially launched its self-built "Made in America Validator Network" (MAVAN) in April this year. In its April disclosure, the company mentioned that some staked ETH had already been deployed on MAVAN, but did not specify the exact amount. BitMine's staking holdings were 4,879,157 ETH at the beginning of July, surpassed 5 million on August 9, and have remained stable in the subsequent four weekly disclosures. The company's chairman, Tom Lee, has stated that BitMine's staked ETH amount exceeds that of any other entity.

According to Onchain Lens monitoring, over the past few months, four wallets have withdrawn a total of 675,000 HYPE (approximately 53.92 million USD) from Coinbase. These funds were then transferred to Hyperliquid and staked.

According to OnchainLens monitoring, a certain whale unstaked 907,200 HYPE tokens, worth approximately 7.59 million USD, after staking for 4 months, and transferred them to the Bybit platform.

According to on-chain analyst Yu Jin's monitoring, the suspected a16z, currently the largest institution holding HYPE, bought $24 million worth of HYPE at an average price of $68.7 in June, and recently made another purchase and staked HYPE.In the past day, this institution deposited 36 million USDC into Hyperliquid through 12 addresses, of which approximately 24 million USDC has been used to buy 282,090 HYPE, with an average purchase price of about $81.5. Currently, this institution has cumulatively bought and staked 4.679 million HYPE, valued at about $381 million, with an overall holding average price of about $65.6, resulting in an unrealized profit of about $74.4 million.

Gate Launchpool Phase 372 Aligned (ALIGN) event is ongoing, lasting until September 11 at 18:00 (UTC+8). Users staking USDT, GT, or ALIGN can share 10,000,000 ALIGN tokens. The total amount staked in USDT is 93,685,074.62 USDT, with an estimated annualized yield of 3.82%; the total amount staked in GT is 3,543,846.49 GT, with an estimated annualized yield of 1.84%; the total amount staked in ALIGN is 14,140,810.72 ALIGN, with an estimated annualized yield of 263.74%.Gate Launchpool PIPEDOG event is also ongoing. The total amount staked in the ETH pool is 42,758.86 ETH, with an estimated annualized yield of 2.76%; the total amount staked in the BTC pool is 1,795.63 BTC, with an estimated annualized yield of 0.87%; the total amount staked in the PIPEDOG pool is 49,899,978.11 PIPEDOG, with an estimated annualized yield of 646.78%. The event lasts until August 31 at 18:00 (UTC+8), with a total reward of 39,432,177 PIPEDOG.