Ethereum staking withdrawals for the third time have been mostly re-staked, according to data from Nansen. The crypto exchange Kraken was responsible for a large portion of these withdrawals. While the last large batch of withdrawals on April 24 was a total of 61,608 ETH in principal and reward withdrawals, 63,009 ETH deposits were made at the same time, suggesting most of it may have been re-staked. Before the last wave of withdrawals, Nansen reported an all-time high in the total amount of staked ETH. The current figure represents 14.5% of the total Ether supply.

(By MARTIN YOUNG)