Home > RESEARCH > Only 31% of Staked Ether May Be Profitable: Binance Research

Only 31% of Staked Ether May Be Profitable: Binance Research

Around 2 million ETH were staked when prices were in the range of $400 to $600. These stakers are some of the strongest Ethereum believers, according to Binance Research.

Binance Research's analysis found that in the past three years, a small number of medical ether holders who bet on ETH on the etheric Beacon chain have made money, while others are often in crisis.

The etheric bet involves a customer locking his ETH dynamic password to authenticate the sale in exchange for an etheric payment reward. As a result, bets are called passive investments-coins are in dormant mode and they deposit or put them in the central wallet for application. At this stage, OnChain's annualised bets return about 4 per cent.

According to Binance Research, since Beacon Chain launched in December 2020, there have been more than 16.5 million ethernets with a value of $27.7 billion, of which 31 or 5.115 million ETH are profitable and the other 11.385 million ETH are losing money.

The loss here means that the current sales market interest rate of the ether is lower than the broad interest rate when it is locked in the Beacon chain.

The analysis comes at a time when the sales market is trying to assess the potential sales pressure after the etheric rating rose in Shanghai in mid-late March. This hopeful upgrade will open up bets on the withdrawal of ETH.

According to Binance Research's exploration, these investors who are in crisis have little incentive to convert their equity holdings after the rating of Shanghai urban area rises. In addition, these profitable companies may hold shares waiting to rise.

In a report released earlier Thursday, Binance Research said: "We have noticed that a very large number of ETH (about 2 million) are betting on prices between $400 and $700-- this is also the earliest storage tank in [December] 2020-- given that liquidity bets are far from well known that year, this group may be illiquid."

"although this is also a very large part of the bet on ETH and is profitable at this stage, given that this is the earliest speculator on the market, it is not hard to imagine that such people are one of the most determined etherians," Binance Research said.

It is important to note that you cannot get all the chip account balances on the day of the update. In addition, 43200 euros can be opened every day. However, according to Saxo Bank, the total chip reward is about 1 million ETH, which can be obtained immediately.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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