24/7 Cryptocurrency News

Only 17% Of Ethereum Stakers Under This Price level Are In Profit

Ethereum prices have dropped by 60% from its year to date (YTD) level. ETH is trading at an average price of $1,056, at the press time.
Published by
Only 17% Of Ethereum Stakers Under This Price level Are In Profit

Ethereum, World’s second cryptocurrency has been following the downtrend since the beginning of the year. Meanwhile, the majority of the investors who stoked their ETH on the beacon chain are now holding it with more pain.

Advertisement

Ethereum down by 60% over YTD

Will Sheehan, the founder of Parsec Finance, shared some data around the ETH stakers by the entry price. It depicts that only 17% of the stakers are still in profit right now. However, the majority of the stakers (875) are at a huge loss.

As per the data, a huge amount of investors staked their ETH around the price range from $2,500 to $3,500. However, there is a good amount of users who staked Etherium over the $3.5 k price level. Meanwhile, a big spike can also be seen around the price range of $500.

Ethereum prices have dropped by 60% from its year to date (YTD) level. ETH is trading at an average price of $1,056, at the press time. It is still 78% down from its all time high of $4,891.

As the bear market conditions continue the percentage of Ethereum stakers going in loss can increase. Recently, ETH prices went on to touch the $900 level. Meanwhile, the data only depicted the entry prices and did not add the additional rewards in ETH.

Advertisement

Lido holds 32% of stETH

However, investors’ interest has dropped in staking Ethereum over the past month. As of now, around 11% of its total supply is being staked. Lido accounts for around 32% of the total staked ETH. Coinbase and Kraken hold 14% and 9% respectively.

Meanwhile, the main 32% of the staked ETH has been distributed across the 29 validators who are appointed by Lido. A governance proposal on Lido to self limit the growth got rejected.

Lido Staked ETH (stETH) is trading at an average price of $1,013 which deppeged from the ETH’s value. It holds a total market cap of around $3.53 billion.

Advertisement

Share
Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

Robinhood Lists Strategy’s Bitcoin-Backed Stocks, Boosting Saylor’s BTC Credit Model

Bitcoin-backed stocks of Strategy can now be accessed on Robinhood. This represents a significant move…

October 4, 2025
  • Bitcoin News

Bitcoin ETFs See 2025 Record Weekly Inflows of $3.2B as BTC Eyes New ATH

The Bitcoin ETFs have seen a huge turnaround this week, recording their largest weekly inflows…

October 4, 2025
  • 24/7 Cryptocurrency News

Expert Predicts SHIB Rally as Shiba Inu Restores Shibarium After $4M Hack Shutdown

Shiba Inu’s Layer 2 network, Shibarium, has returned online following a $4 million exploit that…

October 4, 2025
  • 24/7 Cryptocurrency News

FLOKI Makes History With First ETP in Europe as Price Surges 30%

FLOKI has announced the launch of the first BNB chain exchange-traded product (ETP) in Europe.…

October 4, 2025
  • 24/7 Cryptocurrency News

BNB Rally to $1,300 Will Continue As Binance Hits Crucial Q3 Milestone, Says Expert

Binance Coin (BNB), the native cryptocurrency of BNB Chain, has surged another 8% today, moving…

October 4, 2025
  • 24/7 Cryptocurrency News

Trump’s Real Estate Moves On-Chain as Hut8 Adds WLFI Tokens to Boost Treasury

Trump’s real estate portfolio is set to go on-chain amid World Liberty Financial’s announcement of…

October 4, 2025