Record $1.6 billion of staked Ethereum redemptions led by Celsius and Figment
Over 650,000 units of staked Ethereum, valued at approximately $1.6 billion, were redeemed last week—the largest amount of redemption since the Shanghai Upgrade was completed last year. A Dune Analytics dashboard shared by Tom Wan, an analyst at 21 Shares, showed that the bankrupt crypto lender Celsius and staking service provider Figment were the primary...