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Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH

Published 04/17/2023, 02:15 AM
Updated 04/17/2023, 04:20 AM
© Reuters.

Over 1 million Ether (ETH) worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months.

The 1.03 million ETH withdrawals have come from 473,7000 withdrawal requests, with Saturday, April 15 the largest withdrawal day at 392,800 ETH, according to data from beaconcha.in.

April 15 to 16 saw the largest Ether withdrawals processed so far, with 392,800 and 280,400 Ether withdrawn, respectively. Source: beaconcha.in
ETH has increased about 9% since the Shapella upgrade took effect late on April 12. Source: CoinGecko

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