Ethereum Faces Significant Withdrawal Queue Amid Market Developments

Ethereum Faces Significant Withdrawal Queue Amid Market Developments

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Source: TheMerkle.com

Ethereum is currently experiencing a significant withdrawal queue, with approximately 143,000 ETH, valued at around $350 million, set to become available for withdrawal in the next 12 hours.

Additionally, a total of 212,000 ETH, including validator rewards, is slated for withdrawal soon. While these withdrawals represent a substantial volume of ETH leaving the network, it’s important to note that they do not necessarily indicate immediate selling pressure.

⚠️ Ethereum is

Read More https://themerkle.com/ethereum-faces-significant-withdrawal-queue-amid-market-developments/

The post "Ethereum Faces Significant Withdrawal Queue Amid Market Developments" appeared first here TheMerkle.com.

Source: TheMerkle.com

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