Hundreds of millions of dollars worth of Ethereum (ETH) has been unstaked in the last 24 hours as the smart contract platform launches its new Shapella upgrade.
Highlights
- Hundreds of millions of dollars worth of ETH has been unstaked in the last 24 hours as the smart contract platform launches its new Shapella upgrade.
- Data from crypto analytics platform Nansen reveals that over 89,000 ETH tokens, worth over $170,000,000 at time of writing, have been withdrawn from staking protocols during the last day.
- The withdrawal spree, which started on the night of April 12th, saw the overall amount of staked ETH drop by 0.4%, bringing the number to 14.5%, according to Nansen.
- The data also unveils the entities that withdrew the most ETH tokens since the update, the largest by far being the Lido DAO.
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