How Much ETH Does Joe Lubin Hold?

But third-parties have already emerged and capitalized on staking, partly because becoming a validator costs 32 ETH. Crypto exchanges Coinbase, Kraken and Binance account for just over 20% of total staked ETH, Kim wrote. While Lido, a so-called liquid staking protocol, was an early mover in the space allowing for incremental ETH deposits, it is now “the single largest controlling entity of staked ETH.”