In the hours since the Shapella upgrade, the exit queue for staked $ETH withdrawals is growing, cryptauxmargaux reports.
) deposited into the Beacon Chain has started to grow, showing that stakers want to participate in Ethereum’s maintenance of the blockchain going forward.
But on a net basis, withdrawals still outweigh the deposits. The 24 hour net deposit change into the Beacon Chain currently stands at minus 79,488 ETH at the time of publication.Data about the Shanghai Upgrade will still be rolling in as more liquid staking providers also allow its users to withdraw their staked ETH.
Later Thursday, Coinbase, a cryptocurrency exchange which holds about 12.6% of all staked ETH, will allow its users to decide if they want to unstake.“Great work everyone on Shapella, it worked!” Tim Beiko, the protocol support lead at the Ethereum Foundation, said at the Ethereum All Core Developers execution layer meeting 159. “The network transitioned successfully.
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