Weekend Increase in Ethereum Withdrawals: Total Amount Exceeds 1 Million Ether!

Since the Ethereum (ETH) Shapella upgrade went live on the mainnet, the amount of ETH withdrawn has exceeded 1 million.

Ethereum enabling the release of staked ETHs shapella in total after the upgrade was active on the mainnet. 2.1 billion dollar worth 1.04 million ETH withdrew. in the same process 805 million worth a dollar 385 thousand ETH staked.

Ether withdrawals, which started after the Shanghai hard fund, showed a serious increase over the weekend. on the network Saturday, April 15 day 392 thousand ETH, Sunday, April 16 if the day 280 thousand ETH shooting took place. Total amount withdrawn in two days $1.4 billion it was worth it.

taken your ETHs most of it from stake rewards formed and main asset of your shots narrow periods quite outside low was among the remarkable data.

The vast majority of transactions originated from cryptocurrency exchanges Kraken and Huobi. Shareholder changes on the Huobi front and Kraken’s recent US Securities and Exchange Commission (SEC) The termination of staking services as a result of sanctions by the two exchanges causes the two exchanges to act hastily in their Ether withdrawals.

Due to the security of the network, validators cannot bulk withdraw their assets in one go and currently the total staked ETH amount of one third incorporating of Lido Finance (LDO) ETH withdrawn from the network has not started the withdrawal processes yet. at reasonable levels keeps it.

According to Coinecko data, the latest 30 days in 16.7% appreciated ETH, end 24 hours in 0.3% declining as of writing 2,092 at dollar level is being traded.

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