1 Million Ethereum (ETH) Withdrawn Since Shapella, Here's How Price Reacted

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1 Million Ethereum (ETH) Withdrawn Since Shapella, Here's How Price Reacted
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Ethereum price reacts after 1 million ETH shifted post-Shapella era $ETH ShanghaiUpgrade Altcoins

, which enabled unstaking for the first time since ETH staking was introduced in December 2020, went live last week — precisely on April 12.

In general, the Ethereum network has seen withdrawals in the last five days, taken from the date of the Shapella upgrade. Colin Wu of Wu Blockchainthat the total amount of Ethereum withdrawn as of April 17 at 10:00 a.m. UTC+8 surpassed 1 million, while 368,000 ETH were deposited. As of 10:00 UTC+8 on April 17, after the Shanghai upgrade, the total amount of Ethereum withdrawn exceeded 1 million, and 368,000 were deposited. Currently, the number of Ethereum waiting to be withdrawn is 892,000; Kraken regulatory factor and Huobi shareholders change are main…

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