- 0x220bda5c8994804ac96ebe4df184d25e5c2196d4 - 1inch Network
- 0xcde35b62c27d70b279cf7d0aa1212ffa9e938cef - Anonymous Whale
- 0xa2f987a546d4cd1c607ee8141276876c26b72bdf - Anchor Vault
- 0x9cf59ecde926cc1b5ff1cb9b247e0fec627091b1 - Anonymous Whale
- 0x0000000000007f150bd6f54c40a34d7c3d5e9f56 - MEV Bot
- 0x1c073d5045b1abb6924d5f0f8b2f667b1653a4c3 - Anonymous Smart Contract
- 0x512986a575c5cdc9a77ee99f388d7634dd1587ff - Anchor Related Whale
- 0x8eaba09bf9865b13eab9632fffb88f46b5c2a7fc - Anchor/Terra Related Whale
- 0x25ad8b7cd0738331e65b92736b71a4979691e479 - Three Arrows Capital
- 0x849d52316331967b6ff1198e5e32a0eb168d039d - Gnosis: Active Treasury Management
Lido is one of the few protocols leading the charge for the Ethereum Beacon Chain. The Beacon Chain effectively moves Ethereum from a proof-of-work chain to a proof-of-stake (PoS) chain. PoS requires that validators secure the network by staking an amount of ETH - 32.
Aside from the technical overhead in setting up a validator, staked ETH cannot be withdrawn because such a feature is unavailable, and 32 ETH is quite a lot (about $96,000 in today's money) which has been of deterrence to many.
Now Lido comes in with an innovative solution, where one can stake any amount of ETH via their smart contract and receive staked ETH tokens (sETH) which is a rebase token that tracks the staking rewards. With stETH investors can enjoy rewards while having the option to sell the tokens back to ETH within the various liquidity pools.
With thin unbelievable innovation, a lot of investors have taken advantage and APEd into accumulating stETH. So in this publication, we shall look at the top 10 Lido stakers.
Here are the top 10 wallets with the most staked ETH (stETH) and the entities behind them: