Liquid staking derivatives protocol loses 60,000 Ethereum in past two weeks

In the past two weeks, the flow of collateralized derivatives (LSD) agreements has decreased by 60,000 ETH, worth more than $198 million, including 40,000 ETH withdrawn by Lido. As of April 15, 2024, 27 different LSD platforms hold 13.15 million ETH, which has now dropped to 13.09 million ETH, currently valued at $43.01 billion. Lido remains the largest holder of ETH in the LSD agreement, with 9.35 million ETH, accounting for 71.41% of the total market share. Two weeks ago, Lido reported holding 9.39 million ETH, which has since decreased by 40,000. Another LSD platform, Rocket Pool, saw its ETH increase slightly from 1.13 million to 1.14 million. As of Sunday, Binance Mining Pool also saw a slight increase, from 896,355 ETH to 896,406 ETH.

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