Coinspeaker
Ethereum Node Validators Withdraw $320M ETH, Raising Security and Price Concerns
The Ethereum network is facing a significant event as a large number of node validators withdraw a substantial amount of ETH, totaling $320 million. This withdrawal has raised concerns about the security and stability of the network, especially with the highly anticipated Dencun upgrade on the horizon.
The timing of this mass exodus is particularly noteworthy, as Ethereum’s price has been experiencing a bullish trend. On March 13, the price of Ethereum reached a daily high of $4,078, representing a 15% increase for the month.
ETH staking deposits vs validators. Photo: Beaconcha.in
Withdrawals Raise Network Security and Price Concerns
The large ETH withdrawal by validators has raised security concerns for Ethereum. With fewer coins staked, the network is more vulnerable to attacks.
At the same time, there has been a surge in ETH deposits on exchanges. On March 11 alone, 62,096 E
We współpracy z: https://www.coinspeaker.com/ethereum-node-validators-withdraw-320m-eth/
