ETH staking volume surpassed the withdrawal volume for the first time after the Shapella upgrade, indicating the majority of the validators are re-staking their Ether.
, the amount of staked ETH has now surpassed the number of ETH being withdrawn for the first time after the Shapella upgrade.
Data from the on-chain analytic firm Nansen suggests that there are more ETH being staked at present than withdrawal requests. As of April 17, the ETH staking volume ETH staked 124,000 ETH exceeded the withdrawal volume of 64,800 ETH for the first time. In the last 24 hours, the amount of staked ETH was 94,968 against 27,076 in withdrawals. The first round was mostly partial withdrawals from Lido and old validators. It takes approximately three days to get into the withdrawal queue.
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