The total amount of ETH staked ahead of the upcoming Ethereum 2.0 upgrade has grown significantly and will likely continue to increase as the launch date draws closer.
Data from CryptoQuant revealed yesterday that more than 100k ETH worth over $200 million as per current prices was sent to the Ethereum 2.0 deposit contract in a single day.
With the new staking, the total value of ETH now locked up in the Eth2 contract is currently more than 5% of the cryptocurrency’s entire circulating supply.
