Ethereum 2.0 stakers are feeling the full weight of the ongoing bear market, with the vast majority of them now being “firmly underwater” on their positions, according to a new report from blockchain analytics firm Glassnode.
With the second-largest cryptocurrency hitting an all-time high of $4,891 in November last year, the total dollar value of staked Ethereum back then reached an impressive $39.7 billion.
However, as the prolonged crypto rout brought Ethereum to the current levels of…
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