Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back.
Realized Price Of ETH 2.0 Deposits 44% More Than Normal Supply
As per a special izvještaj released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is holding heavy losses right now.
A relevant metric here is the “realizirana kapa,” which is a method of calculating the capitalization by multiplying each coin in circulation with the price it was last moved at, and taking the sum.
This is different from the usual “market cap,” where the total number of coins in circulating supply is multiplied by the current Ethereum price.
From this realized cap, an average “realized price” can also be derived by dividing the indicator with the amount of supply in circulation.
Now, here is a chart that compares the realized price of the overall ETH market with that of the supply locked into the staking contract:
Looks like the staked ETH is being held at an average realized price of $2.389k | Source: Glassnode and CoinMarketCap's On-Chain Analytics Issue One — July 2022
As you can see in the above graph, the realized price of the aggregate Ethereum market was around $1.6k a few days back when the report came out.
Then, the realized price of the staked ETH was just under $2.4k. At these values, the locked supply’s realized price differed from the normal supply’s by 44%.
Grafikon također uključuje podatke za unrealized profit/loss of the staked supply. It seems like at the time of the report the coins in the ETH 2.0 contract held unrealized losses totaling to very nearly $15 billion.
Though, since the report has come out, Ethereum has observed a significant price jump, and thus the current losses of the staked supply and the overall market’s realized price would have changed by now.
Nonetheless, the realized price of the staked supply wouldn’t have budged too much, which means the coins locked would still be quite underwater at the current price.
Thus, the fact remains that the 13 million ETH deposited into the staking contract are currently holding much more losses than the normal supply.
Ethereum cijena
U vrijeme pisanja, ETH cijena kreće se oko 1.7 hiljade dolara, što je porast od 10% u posljednjih sedam dana. Tokom proteklog mjeseca, kriptovaluta je dobila 58% na vrijednosti.
Grafikon ispod prikazuje kretanje cijene novčića u posljednjih pet dana.
The value of the crypto seems to have flatlined during the last few days | Source: ETHUSD na TradingView
A few days back, Ethereum observed some sharp uptrend as the coin’s price rose to $1.7k. However, since then, ETH has mostly been consolidating sideways.
Istaknuta slika sa Kanchanare na Unsplash.com, grafikoni sa TradingView.com, CryptoQuant.com
Source: https://bitcoinist.com/ethereum-2-0-locked-eth-holding-15-billion-losses/