Liquidity pledge platform holdings of ETH have decreased by 70,000 since the end of November last year, of which Lido decreased by 160,000
In October 2024, the number of ETH locked in liquidity staking platforms exceeded 14 million, but the total amount of ETH held in these agreements is now below the record level at the end of November (13.85 million ETH).
As of January 5, 2025, there are still about 13.78 million ETH locked in the liquidity staking platform, a decrease of 70,000 since the end of November. Among them, Lido dominates, accounting for 69.96% (holding 9.64 million staked ETH, worth $34.90 billion).
However, Lido ETH has dropped by 160,000 since November 30, 2024, when 9.80 million ETH was pledged. Meanwhile, Binance's liquidity staking platform has added 150,000 ETH in the past 36 days; Rocket Pool experienced a sustained outflow, losing 479,374 ETH from October 29 to the end of November, and another 7,743 ETH in the past 36 days.
The 13.78 million ETH currently locked up by these LSD platforms represents 11.44% of the ETH circulating supply (120,474,080). (Bitcoin.com)