Over $2.3 billion in ETH is now queued for withdrawal.
Ethereum staking withdrawals reach their highest point since the Shanghai upgrade.
The SEC is expected to file an enforcement action against Coinbase in the coming weeks.
There are currently 562,271 validators actively validating transactions on the Ethereum network.
19,143,891 ETH is now locked as Lido and others see an uptick in deposits.
In the past 24 hours, there’s been a net inflow of 24,001 ETH into the staking program.
The two exchanges have withdrawn almost 200,000 ETH together.
The last time ETH traded above $2,100 was in May 2022.
The Ethereum Shapella upgrade has enabled ETH staking withdrawals.
The Shanghai upgrade is set to take place on April 12 at 11:27 PM UTC.
The Shapella upgrade is set to hit Ethereum mainnet on Wednesday.
Millions of ETH are set to enter the crypto market.
Ethereum stakers will be able to withdraw their ETH in part or in full.
Core developers are targeting mid April for Shapella release.
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