Ethereum’s Power Center: The ETH2 Beacon Deposit Contract Holds Over 60% of Supply

A new analysis by Arkham Intelligence reveals a significant shift in Ethereum’s ownership landscape. The research shows that the wallet address responsible for securing Ethereum’s network, known as the ETH2 Beacon Deposit Contract, now controls over 60% of the total Ether supply, exceeding 72.4 million ETH worth roughly $252 billion. This makes it a key player in influencing the overall value and movement of the cryptocurrency.