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Ethereum Staking Reduced Due to Shanghai Upgrade: Glassnode

Ethereum Staking Reduced Due to Shanghai Upgrade: Glassnode

Shanghai Upgrade Reduces Ethereum Staking

Glassnode reports a decrease in Ethereum staking deposits due to regulatory pressure and the upcoming Shanghai upgrade. Market share for centralized exchange Lido, a major liquidity staking platform, is impacted. Ultrasound.Money stakes 18.1 million ETH worth $33.7 billion, representing 15% of the total supply. ETH withdrawals will be gradually released after the upgrade., make some very short headlines in 55 characters for this short news


By: Shikha Jha
10-Apr-2023

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