The recent wave of 'big withdrawals' from Ethereum is quite interesting, with as much as $4 billion worth of ETH pulled from validators!
Does it sound a bit scary? Don't panic, this isn't everyone rushing to escape, but rather big institutions like Coinbase and Lido doing some 'internal renovations'. The amount of ETH that can be withdrawn daily is limited, so the market won't be hit instantly. It's more like 'a lot of noise but little rain', and this money is likely just being re-staked under a different address, so the market impact is minimal.
Now you know, on-chain data shouldn't be taken at face value! 😎
#ETH质押退出动态观察
Next, red envelopes 🧧🧧🧧, next, dance 🎉🎉🎉
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