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Coinbase Becomes Ethereum’s Largest Node Operator with 11.42% of Staked ETH, 3.84M ETH Managed, and 120,000 Validators

Coinbase has released its inaugural Ethereum Validator Performance report, revealing that it manages 3
By: DeepNewz • March 20, 2025
Coinbase Becomes Ethereum’s Largest Node Operator with 11.42% of Staked ETH, 3.84M ETH Managed, and 120,000 Validators

Coinbase has released its inaugural Ethereum Validator Performance report, revealing that it manages 3.84 million ETH, which constitutes 11.42% of the total staked ETH on the Ethereum network. This makes Coinbase the largest independent node operator in terms of staked ETH. The report also highlights that Coinbase has 120,000 validators with a participation rate and uptime of 99.75%, and it has not experienced any slashing events since its inception. Additionally, Coinbase staked 581,500 ETH through partners. In a separate development, it was reported that Coinbase sold 12,652 ETH in the fourth quarter of the previous year.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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