ETH withdrawals surpassed one million tokens after the Shanghai upgrade; Kraken and Huobi regulatory factors are cited as a reason. Read more on CE.
- Over one million ETH have been withdrawn after the Shanghai upgrade.
- The withdrawal surge is attributed to regulatory issues with Kraken and Huobi.
- Ethereum’s successful hard fork has caused its token price to soar above $2k.
According to data from a tracking platform, the total number of Ethereum (ETH) withdrawn after the Shanghai upgrade has exceeded one million tokens, with a market value above $2.1 billion. Additionally, 651 units of ETH are waiting to be withdrawn, while only 373.39k ETH coins have been deposited so far.