1 Million ETH Withdrawn Since Ethereum Shapella Update!

Ethereum As of April 17, over 1 million ETH has been withdrawn and 368,000 ETH has been deposited after the network successfully completed the Shanghai update. On the other hand, the amount of tokens waiting to be withdrawn was recorded as 892,000. However, it should be noted that there are disruptions in transactions on critical exchanges such as Kraken, Huobi and Lido.

Ethereum’s Shanghai hard forkMore than 1 million ETH has been withdrawn since On April 12, the Shanghai hard fork, a component of the Shapella upgrade package, was activated at block height 6209536. Koinfinans.com As we reported, the Beacon chain has allowed its stakers to withdraw ether payments for the first time since deposits began in late 2020.

According to Token.unlocks data, a total of 1.02 million ETH has been withdrawn. Since the Shanghai hard fork, 373,040 ETH has been reinvested and the net staking amount is -646,210.

eth wallet moves

About 15% of the total Ethereum supply is still invested, not including stake rewards. This corresponds to 17.30 million Ether, which corresponds to 36.1 billion dollars.

After this amount reached $3 billion yesterday, the total amount of Ethereum tokens waiting to be withdrawn is currently under $2 billion including rewards. There are currently 877,880 ETH worth $1.84 billion in withdrawal queues. Over the next 11 hours, the expected $62.65 million will be retained, with the average daily withdrawals reaching $125.23 million.

Ethereum token movement

You can follow the current price action here.

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