Kraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking race

April 21, 2023

in Crypto

Reading Time: 2 mins read

Kraken is leading the second wave of full-staked Ethereum (ETH) withdrawals, according to Nansen’s dashboard.

Nansen’s data journalist Martin Lee said the U.S.-based crypto exchange has withdrawn over 330,000 ETH. Lee added that “another 175,000 in ETH left, which is largely principal withdrawals.”

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Kraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking race

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Kraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking race

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