Ethereum whale population drops after Shapella — Will ETH price sink too?
Ethereum’s supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest. Go to Source Powered by WPeMatico
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Ethereum’s supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest. Go to Source Powered by WPeMatico
Cardano is one of the largest layer-1 blockchains by market capitalization, but what does the DeFi ecosystem offer for staking? Go to Source Powered by WPeMatico
Ether stakers have withdrawn $1.21 billion worth of ETH from Ethereum staking contracts since the Shapella upgrade. Go to Source Powered by WPeMatico
The top 100 DeFi tokens surged along with the broader crypto market as the total value locked peaked at a new yearly high of over $54 billion. Go to Source Powered by WPeMatico
ETH price rallied as deposits briefly surged after the Shapella, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short-term. Go to Source Powered by WPeMatico
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar … Read more
A majority of the validators are withdrawing their staking rewards rather than the whole 32 staked ETH. Go to Source Powered by WPeMatico
Ethereum staking withdrawals are picking momentum. But they have not been able to cause a major selloff as many had anticipated post the Shanghai upgrade. Go to Source Powered by WPeMatico
Volumes from the top five Ethereum staking platforms suggest holders are hedging against the unknown until after ETH withdrawals are enabled. Go to Source Powered by WPeMatico
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 affected by the change, the … Read more