Introduction

• In this dashboard, we will be looking at the wallets who staked their ETH on Lido Finance on 8th November (the day when ETH price reach its all-time-high).

• We will examine if these stakers are still holding or have sold their stETH up to the date of analysis (April 4th 2022).

The above line graph displays the price of ETH since May 2020.

On November 9th, the price of ETH reached an all-time high of 4801 USD.

On November 9th, 2021, 138 unique wallets staked ETH on Lido Finance and received stETH.

The largest staker on Lido Finance that day was 0x2cb8397acb80e2ec27fd3e3de2f5aa4d94a6469d , who staked a total of 5775.5 ETH.

In this dashboard, stakers who sold stETH are defined as wallets that staked on November 8th, 2021 and sold on DEXes at a later date.

Of the 138 stakers, 15 have sold their stETH on DEXes at a later date, while the remaining 123 are still holding their stETH.

Majority of the stakers (89.1% of stakers) still hold their stETH and 10.1% who have sold.

Let us delve deeper to look at the relationship between holders/sellers and the amount of ETH staked.

The bar charts above divided stakers into 3 categories based on their number of ETH staked on 8th November.

It can be seen that 2 wallets staked more than 100 ETH on Lido Finance on November 8th, 2021, and none of them have sold their stETH as of today.

The category with the highest proportion of sellers is stakers with 0 to 10 ETH staked, followed by stakers with 10 to 100 ETH staked and stakers with >= 100 ETH staked.

Conclusion

Of the 138 stakers who staked on Lido Finance in November 2021, 15 sold their stETH on DEXes later, while the remaining 123 continue to hold their stETH. The vast majority of stakers continue to hold their stETH, with wallets staked between 10 and 100 ETH having the highest seller vs holder ratio.