🎉Good news! After a few weeks of decline, the ETH holdings of Liquid Staking Derivatives (LSD) in the DeFi field finally ushered in net inflows. 😮Remember that the ETH held by LSD almost fell below the threshold of 13 million, reaching a low of 13.04 million ETH. Now, these platforms hold 13.15 million ETH, equivalent to about 50.29 billion US dollars. 💰
In this process, Lido performed particularly well. 12 days ago, Lido held 9.36 million ETH, and now it has increased to 9.51 million ETH, with a market share of 72.31%. 📈Data shows that Lido has attracted a large part of deposits in the past period, with an additional inflow of 150,000 ETH. 👏
Other platforms also performed well. Rocket Pool's ETH holdings remained unchanged in the past two weeks, and Binance's staking ETH platform holdings rose slightly from 896,471 ETH to 896,580 ETH. Mantle's LSD platform holdings increased slightly from 476,223 ETH to 473,818 ETH, while Swell's holdings decreased from 190,087 ETH to 181,863 ETH.
Overall, LSD had a net inflow of about 110,000 ETH in the past 12 days, worth about $417.59 million. 🎉This is undoubtedly great news for us who are optimistic about Bitcoin!