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It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added
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The Ethereum blockchain underwent a successful Shapella upgrade on April 12, allowing validators to withdraw their staked Ether (ETH) from the Beacon Chain after three years. After seeing over 1 million ETH in withdrawals in the first week, the amount of staked ETH has now surpassed the number of ETH
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Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249
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Over 1 million Ether (ETH) worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months.The 1.03 million ETH withdrawals have come from 473,7000 withdrawal requests, with
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Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of
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Despite some fears of a new supply of Ether (ETH) hitting the markets after the much anticipated Shapella update, ETH surpassed the $2,000 price point almost a day after the upgrade. Data from Cointelegraph Markets Pro shows that the token entered the $2,000 level on April 13, the highest level reached
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Withdrawals will go live on April 19 and stakers will be allowed to redeem their coins. Binance has revealed its plans to allow the withdrawal of staked Ether (ETH) through its exchange platform. The exchange made the announcement following the successful completion of Ethereum’s highly-anticipated Shanghai upgrade on Thursday. According to the
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Binance said that user requests for withdrawals, once submitted, cannot be canceled and the process may be slow initially, requiring 15 days to several weeks for completion. Users will receive redeemed ether in their spot wallets and pending BETH tokens locked in pending ETH withdrawal requests won't be eligible for
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The Shapella upgrade was triggered at 22:27 UTC and is processing withdrawal requests. Source
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The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be
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