
Ethereum's Shapella Upgrade Sparks Surge in Staking and Unstaking Activity.
More ETH is currently being staked than withdrawn since the Shapella upgrade on April 12, with the staking volume of 124,000 ETH exceeding the withdrawal volume of 64,800 ETH for the first time. The majority of validators are restaking their unlocked Ether, and some have transferred it to centralized exchanges. The average price of staked ETH is about $2,137, and 22,231 validators have signed up for a complete exit out of 574,624.