Coinbase to withdraw over 70k staked ETH amid SEC lawsuit
Coinbase accounts for roughly 79% of entities waiting to withdraw their staked Ethereum (ETH) as of June 8, according to Nansen’s dashboard. The exchange wants to withdraw 70,057 ETH (roughly $129 million) of the 88,121 ETH tokens pending withdrawals as of press time. Pending Staked Ethereum Withdrawal (Source: Nansen) The uptrend in Coinbase’s withdrawal demand comes after the U.S. Securities…
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