Since Ethereum's switch to proof of stake, the total supply of ether has decreased by 75,000 ($134.5 million), representing an annual decrease of 0.114%. This is due to the reduction in rewards given to those running the network and the burning mechanism that burns a portion of fees generated through transactions. The temporary inability to unstake staked ether will become available shortly when Ethereum's Shanghai upgrade is implemented on April 12. However, technical on-chain limitations mean that only 16 partial withdrawal requests can be processed every approximately 12 seconds, potentially causing lengthy wait times for withdrawals. Full withdrawals may also take a relatively long time.

(By Adam James)