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Coinbase tops Ethereum nodes with 11% stake
- Coinbase now controls 11.42% of staked ETH, becoming Ethereum’s top node operator.
- Coinbase validators have achieved 99.75% uptime, surpassing network averages and boosting efficiency.
- ETH price briefly surged above $2K but struggled to hold gains amid market pressure.
- Concerns have been raised about network decentralization due to Coinbase's significant stake in ETH.
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