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Coin Edition 2024-08-10 04:13:13

Ethereum Price Slides as $870M in Withdrawals Loom

Ethereum is currently facing a significant surge in withdrawals, with around 143,000 ETH—valued at approximately $350 million—set to become available within 12 hours. Additionally, 212,000 ETH, including rewards from validators exiting the network, is scheduled for withdrawal soon. According to Token Unlocks, a total of 356,570 ETH, worth approximately $870 million, is pending withdrawal. If The post Ethereum Price Slides as $870M in Withdrawals Loom appeared first on Coin Edition .

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