10M ETH deposited in beacon chainHappened on March 10th, 2022
Over ten million ETH (~$25B) was deposited into the Beacon Chain! The Beacon Chain was the name of the original proof-of-stake blockchain that was launched in 2020. It was created to ensure the proof-of-stake consensus logic was sound and sustainable before enabling it on Ethereum Mainnet. Therefore, it ran alongside the original proof-of-work Ethereum.