2026-01-18 19:27:40

Ethereum's staking ecosystem just hit a major milestone—over 36M ETH locked in stakes, representing 30% of the entire circulating supply and worth approximately $118 billion. The network is rapidly approaching 1 million active validators, though activation queues are growing, which is slowing down new stake entries.

What's drawing attention is the concentration pattern emerging. BitMine currently holds roughly 4.17M ETH, with 1.26M already staked. They added 600k ETH to their position just last week. These numbers paint a picture of increasing liquidity risks and market concentration concerns. As more capital gets locked into a handful of major holders and staking providers, it raises questions about network decentralization and the potential liquidity constraints during volatile market periods.

ETH-2,98%

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LeekCutter

· 9h ago

Damn, is BitMine stockpiling? Adding 600k in a week? --- 30% of ETH is locked, does this really count as decentralization... --- The queue to activate is so long, is it that hard for newcomers to get in? --- A single institution has 4.17M ETH? The liquidity risk is really unsustainable. --- I just want to know if they'll run away and sell off when the bull market arrives. --- $118B locked in the hands of a few big players, feels like an incident is bound to happen sooner or later. --- Having over a million validators sounds impressive, but in reality, power is becoming more centralized. --- Adding 600k weekly, this pace feels off, brother. --- Staking ecosystem is booming, but is the risk of centralization really worth it?

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SnapshotLaborer

· 9h ago

NGL, the crypto world still can't escape the curse of centralization.

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MetaverseLandlord

· 9h ago

36M ETH locked? Sounds impressive, but BitMine alone has taken 4.17M. Isn't this just centralized with a different facade?

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TopBuyerBottomSeller

· 9h ago

36M ETH locked, is this what you call decentralization? Laughable, it's becoming more and more like traditional finance.

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MemeEchoer

· 9h ago

36M ETH locked, sounds impressive, but BitMine's approach here is a bit aggressive. Wait, the risk of centralization really needs to be taken seriously. Earning interest through staking is great, but I'm worried about a monopoly causing issues down the line.

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TommyTeacher1

· 9h ago

36M ETH locked sounds like a lot, but the real issue is that big players like BitMine are hoarding crazily... Adding 600k in a week, this looks a bit outrageous. --- The staking queue is blocked, small retail investors can't get in, but whales are buying buy buy buy, it's hilarious. --- 30% of the supply is locked in staking. What if liquidity really becomes a problem? This level of concentration is indeed a bit scary. --- Over a hundred billion dollars locked up and still increasing... not very ideal, friends. --- Just want to know why BitMine is so aggressive, do they really believe in it that much or is there some insider info? --- Ethereum claims to be decentralized, but the more you stake, the more centralized it becomes, which is ironic.

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