Ethereum’s Shifting Power Dynamics: The Rise of Institutional Influence

Ethereum’s decentralized ecosystem is undergoing a significant transformation as control becomes increasingly distributed among key players. Arkham Intelligence analysis reveals that the Ethereum 2.0 Beacon Deposit Contract now wields immense influence, controlling a staggering 72.4 million ETH, representing nearly 60% of the total supply. This translates to an estimated $252 billion in market value, highlighting the contract’s significant impact on Ethereum’s security model.