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04.01 - 13:57
$33.5 billion worth of ETH ‘trapped’ in largest Ethereum contract
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cointelegraph.comThe single largest Ethereum contract containing 8,641,954 Ether (ETH) worth $33.5 billion is sitting idle because it cannot be spent or sent.
A Twitter user highlighted the Beacon chain contract claiming it to be the largest Ethereum contract with billions of dollars worth of ETH “trapped” inside it.
BREAKING: 8,641,954 ETH ($32 billion) trapped in single largest Ethereum contract and unable to be sent or spent. Will require hard fork that hasn't been written or specified yet. Timing and terms of hard fork still unknown.https://t.co/xcXPwbS93v
The contract in question is an Ethereum 2.0 Beacon Chain staking contract launched in November 2020, and it cannot be spent without a hardfork.
What makes this even more astonishing is the fact that the
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