Wintermute: Currently over 70% of circulating ETH is still unstaked

Odaily News Wintermute posted on the X platform that there are currently about $120.3 million in ETH in circulation, but only about 34.3 million ETH are currently staked, which means that more than 70% of ETH is still unstaked, often sitting idle in wallets, missing out on the opportunity to earn rewards and invest in DeFi. Of the staked ETH, about 9.6 million are staked through Lido. While these assets can generate returns and can be used to participate in DeFi, their full potential has yet to be fully tapped. With the integration of Lido's solution, Wintermute can take the lead in offering stETH as collateral for OTC transactions.