Over 80,000 ETH To Be Released Daily As Ethereum Pending Withdrawals Cross $1.6 Billion

The Ethereum Shapella upgrade was completed on Wednesday, April 12, and for the first time since the Beacon Chain contract was launched, stakers were now able to place withdrawals for their staked ETH. The rate at which stakers are now requesting to withdraw their ETH has, however, accelerated in less than 24 hours and the