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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Huobi is now one of the bigger withdrawers from the ethereum (ETH) staking contract, having pulled out over 50,000 ETH. The exchange, however, started redepositing it from another wallet. So far it has returned
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Data analysis indicates that about 300,000 ETH have been withdrawn in the hours that followed the Shanghai upgrade. Withdrawals ensued after the Shanghai upgrade The Shanghai upgrade was completed on April 12, with millions of ETH freed from
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Major exchanges, including industry leader Deribit, have seen ether options contracts worth $1.23 billion exchange hands in the past 24 hours. That is nearly 60% of the global crypto options activity and 50% more than bitcoin's notional trading volume of $823.7 million, according to Swiss-based data tracking website Laevitas. Source
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Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CryptoX columnist considers Shapella's immediate and potential long-term impact. Source
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The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst. Original Source
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Going by the numbers, it seems like many ether (ETH) stakers have decided to hold onto their coins. Although several analysts predicted the just-completed Ethereum Shanghai hard fork (along with the separate Capella upgrade, together known as “Shapella”) would be a “sell-the-news” moment, ETH has actually climbed to eight-month highs.
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Validators looking to fully exit the chain could be looking at a wait of up to 14 days, to get their crypto back, according to Rated Network's explorer. Source
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We are seeing a sell the rumor buy the fact redux, one observer said, explaining ether's post-Shanghai upgrade rally. Source
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Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at about $29,900, down the better part of a percentage point over the past 24 hours. Ether, the second largest crypto in market value, was hovering around $1,905, up almost a percentage point. Many investors had been looking for both
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Trading volume on ethereum trading pairs remained stable following the upgrade. Original Source
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