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Over 1 million ETH has been withdrawn since the Shapella hard fork on April 12. However, a significant chunk of addresses has gone back to re-staking their ETH. Ethereum blockchain underwent a successful Shapella upgrade on April 12, making way for validators to withdraw their staked Ether (ETH) from the Beacon chain after three years. After seeing over a million ETH in withdrawals in the first week, the amount of staked ETH has now surpassed the number of ETH being withdrawn for the first time after the Shapella upgrade. Data from the on-chain analytic firm Nansen suggests that there are more ETH being staked at present than withdrawal requests. As of April 17, the ETH staking volume ETH staked 124,000 ETH exceeded the withdrawal volume of 64,800 ETH for the first time. In the last 24 hours, the amount of staked ETH was 94,968 against 27,076 in withdrawals. The first round was mostly partial withdrawals from Lido and old validators. It takes approximately three days to get into the w...

The milestone is another step on the road to the Shanghai upgrade, which remains scheduled for March. The Ethereum Foundation team announced another milestone on the road to the Shanghai upgrade, with the Shapella Fork on the Zhejiang testnet moving into the final pre-launch sequence, according to a blog post on Feb 10. The Shapella transition includes "many Features ," and "most importantly to stakers and the consensus-layer, is the enabling of withdrawals," notes the post, adding that: "Full withdrawals will be available for exited validators, whereas partial withdrawals will be available for active validator balances in excess of 32 ETH."  As per the announcement, validators to participate in withdrawals must have a 0x01 execution-layer withdrawal credential. "If a validator currently has a 0x00 BLS withdrawal credential, they must sign a change operation to 0x01 to enable withdrawals," notes the Ethereum team.  Shapella refers to two Ether...

Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2. The world's first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price movement keeps up. In November 2013 Bitcoin posted a 15-day consistent positive price movement, the longest in its history. ₿REAKING: #Bitcoin price has increased 14 days in row — A single day away from making a historic new record! pic.twitter.com/qclJhikcds — Documenting ₿itcoin (@DocumentingBTC) January 17, 2023 Right now, BTC is on day 14 of its win streak, hitting four-month highs in the process. One more day of upwards price movement will match its 2013 streak. If it continues another day after that it will set a new 16-day record . It’s not the only bullish metric crossing into new territory. Ethereum to soon cross 100M non-zero addresses Ethereum addresses holding at least some Ether (ETH) will soon cross the 100...