Most of the Ethereum (ETH) being withdrawn from staking has been re-staked, according to data from the analytics platform Nansen. The third round of withdrawals started on April 24 and into April 25, with Kraken responsible for a large portion of these withdrawals. However, the majority has been re-staked, resulting in zero change in the balance of staked ETH over the past 24 hours. Nansen currently reports there is a total of 632,651 ETH waiting in the pending withdrawal queue, valued at around $1.16 billion. The figure represents 14.5% of the total Ether supply. (Cointelegraph)
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Third Round of ETH Withdrawals Sees Roughly Equal Amounts of Deposits
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