Queue for Withdrawing ETH from Staking Exceeds 1 Million ETH
There is an estimated $2.31 billion worth of funds pending withdrawal from staking.
There is an estimated $2.31 billion worth of funds pending withdrawal from staking.
At 00:30 CET on April 13, the Shapella update was activated on the Ethereum main network, allowing users to withdraw their cryptocurrencies from staking.
Over the past month, transactional activity on the Cardano network has been increasing.
Glassnode experts have observed a decline in the growth of Ethereum staking deposits due to regulatory pressure and the upcoming Shanghai-Capella hard fork.
The number of profitable addresses on the Ethereum blockchain has reached a high of 63.9 million, according to data from Glassnode.
In 24 hours after the activation of the Shanghai and Capella updates (collectively known as Shapella) on the Ethereum network, Coinbase will begin accepting orders for the withdrawal of ETH from staking.
On March 12, Whale Alert recorded multiple large transactions involving Ethereum and altcoins worth a total of approximately $357 million.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
Altcoins Banks Bitcoin Blockchain chain China crypto Cryptocurrency Crypto exchanges Crypto mining Crypto regulations Decentralized Finance Elon Musk ETH Exchange-traded fund Facebook Fintech France Funding GameFi Hackers India Investment Iran Japan Metaverse NFTs North Korea Russia Sanctions South Korea Stablecoins Technologies Tesla The city of Minsk Mazowiecki in Poland Twitter UK Ukraine US