{"id":37990,"date":"2025-03-20T11:37:39","date_gmt":"2025-03-20T11:37:39","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/03\/20\/coinbase-becomes-ethereums-largest-node-operator-controlling-11-42-share\/"},"modified":"2025-03-20T11:37:39","modified_gmt":"2025-03-20T11:37:39","slug":"coinbase-becomes-ethereums-largest-node-operator-controlling-11-42-share","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/03\/20\/coinbase-becomes-ethereums-largest-node-operator-controlling-11-42-share\/","title":{"rendered":"Coinbase becomes Ethereum\u2019s largest node operator, controlling 11.42% share"},"content":{"rendered":"
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Coinbase has become the largest single node operator in the Ethereum network, holding 11.42% of the total staked Ether (ETH), according to a new report by the crypto exchange. <\/p>\n

The performance update revealed that Coinbase currently has 3.84 million ETH, valued at approximately $6.8 billion, staked across its validators.<\/p>\n

While staking platform Lido holds a larger collective share of Ethereum staking, each of its individual node operators has a much smaller stake. <\/p>\n

Anthony Sassano, host of The Daily Gwei<\/em>, highlighted this distinction, emphasising Coinbase\u2019s dominant position as an independent staking entity.<\/p>\n

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sassal.eth\/acc \ud83e\udd87\ud83d\udd0a<\/span><\/div>\n
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@sassal0x<\/span><\/a><\/p>\n
\u00b7<\/span>Follow<\/a><\/div>\n<\/div>\n<\/div>\n

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We now know how much ETH Coinbase has staked (11.42% of the total stake)
\nThis, of course, makes Coinbase the single largest node operator on the network (Lido is bigger as a collective, but each node operator has a much smaller % share)
\nKudos to Coinbase for the transparency!<\/span><\/p>\n

4:19 AM \u00b7 Mar 20, 2025<\/a><\/a><\/div>\n
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489<\/span><\/a><\/p>\n

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