Ether staking withdrawals: Crypto exchanges set calendar for unstaking Ethereum mainnet s
uccessfully completed the Shapella upgrade on April 12. The successful execution of the Shapella upgrade means Ethereum validators
can finally withdraw their staked Ether on the Beacon chain.
A total of
126,955.07 ETH were withdrawn by validators at the time of writing. Presently,
248,043 out of the 559,549 active validators, or about
44% of them,
have the ability to request a partial or full withdrawal. The majority of withdrawals currently vary between
2.8- 3.2 ETH, indicating the majority of the validators are only withdrawing their staking rewards.
The average price of staked ETH is
$3,149 and it could be another reason why validators are not withdrawing the whole amount.
The ETH price is currently trading just under
$2,000 with the price acting as key resistance.
Major crypto exchanges
have announced their support for the ETH unstaking with several exchanges already processing withdrawal requests.
Coinbase, the world’s first publicly listed crypto exchange announced that ETH unstaking is now live on their platform.
