Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue

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On-chain data from ratedw3b shows that krakenfx has unstaked the most Ether post Shanghai upgrade, thesamreynolds reports.

Kraken’s dominance of the unstaking queue is largely expected, given the legal issues it has faced with the Securities and Exchange Commission.– but not other staking programs – to be unregistered securities.

“The complaint alleges that Kraken touts that its staking investment program offers an easy-to-use platform and benefits that derive from Kraken’s efforts on behalf of investors, including Kraken’s strategies to obtain regular investment returns and payouts,” the SEC said in a release from February.Overall the Shanghai upgrade appears only to have had a marginal effect on the Ethereum protocol and its eponymous token.

 

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ratedw3b krakenfx SECGov Thanks I'll be scooping some of it up

ratedw3b krakenfx SECGov The mexc exchange only has 5 million GPT TOKENs left. CryptoGPT Bitcoin Ethereum Avax Solana Crypto Usdt

ratedw3b krakenfx SECGov $MOAB has just moved its 18k trading fund to $BYBIT!

ratedw3b krakenfx thesamreynolds I don't think this is right... The contract that's withdrawn roughly 60% of total unstaked ETH is tagged as Lido, not Kraken

ratedw3b krakenfx thesamreynolds Shanghai go ahead UQC Bitcoin

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