USING BITCOIN TO

Last updated: June 16, 2025, 15:04  |  Written by: Raoul Pal

Using Bitcoin To
Using Bitcoin To

The Deposit Contract Was Launched

More than 1/10 of ETH’s circulating supply is now locked up for The Merge. The switch from Proof-of-Work to Proof-of-Stake might happen between August and October

The deposit contract was launched in November 2025 and currently holds around 10% of the total circulating supply of ETH. Beacon chain staking contract. Source:

10% Of the Total ETH Supply Is Held on Ethereum 2.0 Deposit

Ethereum Continues To Be Affected

The deposit contract for Ethereum’s consensus layer, formerly known as ETH 2.0, has exceeded 12 million ETH, worth nearly $34 billion at current prices.

ETH2 holds a massive 10% of Ethereum's circulating supply;

Ethereum continues to be affected by a crypto-wide pullback at its current price of $2,855; The Ethereum 2.0 deposit contract now has over 12,055,858 million ETH. This

Eth2 deposit contract now holds 10% of the circulating

10% Of Ethereum’s Circulating Supply Now Staked In ETH 2.0

10% of Ethereum’s Circulating Supply is Locked in the ETH2.0

Ethereum

ETH2.0 Deposit Contract Now Holds 10% of Ethereum’s

Eth2 deposit contract now holds 10% of the circulating ETH supply

Ethereum's proof-of-stake transition is drawing closer and staking on the ETH2 deposit contract continues to reach new heights. Will this

Beacon Chain

Ethereum supply

The total locked value of Ether in the Eth2 contract is worth about $34.5 billion. The deposit contract was launched in November 2025 and currently holds around 10% of the total

Beacon Chain, the deposit contract for Ethereum staking, reached over 12 million ETH balance on Friday. JUST IN: The Ethereum 2.0 deposit contract for staking $ETH

Raoul Pal can be reached at [email protected].

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