tldrdailynews.com logo

Ethereum's Shapella Upgrade Sparks Surge in Staking and Unstaking Activity.

1 min read
Source: Cointelegraph
Ethereum's Shapella Upgrade Sparks Surge in Staking and Unstaking Activity.
Photo: Cointelegraph
TL;DR

More ETH is currently being staked than withdrawn since the Shapella upgrade on April 12, with the staking volume of 124,000 ETH exceeding the withdrawal volume of 64,800 ETH for the first time. The majority of validators are restaking their unlocked Ether, and some have transferred it to centralized exchanges. The average price of staked ETH is about $2,137, and 22,231 validators have signed up for a complete exit out of 574,624.

Topics:businesscryptocurrency#cryptocurrency#eth-staking#ethereum#shapella-upgrade#validators#withdrawals
Share this article
  1. ETH staking passes withdrawals for the first time since Shapella upgrade  Cointelegraph
  2. Ethereum Shanghai Upgrade Leads to Huge Influx of ETH at Exchanges  CoinDesk
  3. Nearly $2 Billion in Ethereum ($ETH) Are Waiting to Be Unstaked, Blockchain Data Shows  CryptoGlobe
  4. Ethereum is up 15% versus Bitcoin since Shapella — More ETH price gains ahead?  Cointelegraph
  5. Coinbase CEO Leaves Door Open to Relocating; Bitcoin Reclaims $30K  CoinDesk

Want the full story? Read the original reporting

Read on Cointelegraph