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Ethereum Beacon Chain Sees Over $2 Billion Worth of ETH Withdrawn in Four Days

Blockchain 

Cryptocoins News / Blockchain  93 Views


Over 1 million ETH, worth $2.1 billion, has been withdrawn from Ethereum's Beacon Chain within the first four days of the Shapella hard fork, with nearly 87% of active validators now able to withdraw their staked Ether. Despite initial community uncertainty about the impact of Shapella on ETH's price, the first four days have resulted in close to a 10% rise, with much of the withdrawn stake being reinvested in the Beacon Chain for interest compounding purposes. (Read More)
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