111,378 ETH withdrawn less than 24 hours after Shapella, here's price impact Ethereum $ETH
According to Lookonchain, only 19,869 validators are currently waiting for a full withdrawal, accounting for 3.5%. It notes that partial withdrawals were processed much faster than full withdrawals.
In a new tweet, crypto exchange Binance has announced that ETH 2.0 staking participants will be able to redeem ETH with their BETH holdings on a 1:1 basis, starting on April 19 at 8:00 UTC.Some believe that ETH redemptions made possible by Shapella might trigger a wave of selling, which would put downward pressure on the price of Ether. Ether has a current market value of about $241 billion, second only to Bitcoin in terms of value.
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