Methodology

• Find price difference between ETH and stETH to find days where the price difference is greater than $50 USD.
• Find all stakers of stETH using filters since 01 Sep, 2021

  where to_address_name ilike 'stETH'
    and event_type = 'native_eth'
    and to_label_subtype = 'token_contract'
    and block_timestamp::date >=  '2021-09-01'

• Find all swappers from the list of stakers using filters

      where token_address = '0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2' -- WETH
      and pool_name ilike 'stETH-WETH%'
    	and direction = 'IN'
  	and from_address in (select distinct origin_address from stakers)

Number of stakers vs Price difference

• Here is how many people stake when the difference price of ETH-stETH > 50 $USD
• Most number of stakers are at 64 $USD price difference with 305 stakers.

Have they held or sold their stETH?

• In total there were 8.3K number of stakers in these days of big differences
• Out of these only 366 sold their stETH tokens.
• This is a total of 4.36% stakers.