For context, the previous record was 518K ETH in January 2024, driven by Celsius’ bankruptcy liquidation.
Why Are Validators Leaving? Experts Weigh In
🔹 Robinhood’s 2% bonus for crypto transfers (Cathie Wood) 🔹 VCs shifting ETH to treasury firms (e.g., SharpLink, BitMine) 🔹 Operators optimizing staking strategies (Everstake)
Robinhood offering a 2% match for crypto transfers, and VCs and other investors shifting staked ETH into Treasury companies (DATs) to double their money when lockups expire. As with $MSTR$BMNR,Treasury stocks are a way wirehouse advisors can give clients exposure to BTC and ETH. https://t.co/CzxOudBSTl