© Reuters Over $2B Staked Ethereum Withdrawn As The Second-Largest Crypto Hits 11-Month High ETH/EUR -0.17% Add to/Remove from a Portfolio Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close CRCW 0.00% Add to/Remove from a Portfolio Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close ETH/USD -0.82% Add to/Remove from a Portfolio Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close ETH/USD -0.84% Add to/Remove from a Portfolio Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close ETH/EUR -0.18% Add to/Remove from a Portfolio Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close ETH/JPY -0.16% Add to/Remove from a Portfolio Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close ETH/GBP -0.56% Add to/Remove from a Portfolio Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close ETH/JPY -0.35% Add to/Remove from a Portfolio Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close Benzinga – As Ethereum’s (CRYPTO: ETH) Shapella hard fork began, allowing users to withdraw their staked Ether, over 1.03 million ETH worth $2.1 billion was withdrawn within the first four days.
What Happened: According to the beaconcha.in, the withdrawals were made through 473,700 withdrawal requests, the highest withdrawal day being April 15, with 392,800 ETH being taken out.
Nearly 87% of the active validators, which amounts to 469,000 of the 540,000, have withdrawn their staked Ether.
See More: Top Indian Apps That Give Bitcoin, NFT Rewards
This represents a significant increase from earlier estimates made by blockchain intelligence firm Glassnode, who initially predicted that only 170,000 ETH would be un-staked after the first week of Shapella.
Nansen, another on-chain analytics firm, slightly overshot this prediction, expecting 1.4 million ETH to be withdrawn during the initial phase of the hard fork.
Price Action: At the time of writing, ETH at $2,074, down 0.75% in the last 24 hours, according to Benzinga Pro.
Read More: Ethereum, Dogecoin Rise Even As Bitcoin Drops Below $30K: Why This Analyst Thinks Apex Crypto Can Hit All-Time High This Year
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Over $2B Staked Ethereum Withdrawn As The Second-Largest Crypto Hits 11-Month High.
