Regulatory forced Kraken exits make up the majority of ETH principal withdrawals

exchange681 week ago

0 0 2 minutes read

Ethereum’s Shappela upgrade has led to some intriguing developments in staked ETH deposits and withdrawals. In just the past 24 hours, a staggering 93,044 net ETH difference was observed. One particular platform has emerged as the all-time leader in both principal and reward withdrawals, responsible for a substantial percentage of the total. But what’s the reason behind this platform’s dominance, and how does it connect to the 620,377 ETH waiting for full-exit? The answer lies within the Alpha content…

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