Ethereum 2.0 deposits at 10% of launch threshold as deadline approaches

The deposit contract for Ethereum 2.0 now holds 50,849 Ether (ETH), worth approximately $22 million as of publication time.

This is slightly less than 10% of the minimum required stake of 524,288 ETH, or $230 million. Ethereum 2.0 is set to launch on Dec. 1 — but only if the minimum stake threshold is reached seven days before that date.

Historic balance for the deposit contract by Etherscan.

The influx of new deposits appears to have tapered off recently as the majority of prospective…

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