Ethereum staking contract address holds more than half of the total supply for the first time
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The Ethereum staking contract address is holding more than 50% of the Ethereum supply for the first time, accounting for 50.18%. This marks the first time in Ethereum's 11-year history. Currently, there are about 120 millions Ethereum in circulation on the network. Staked ETH is temporarily locked to support network security and will re-enter circulation after exiting validation.
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