19 Apr 2023
Ethereum staking - How much rewards are left to withdraw?Close to 1.5 million Ether has been withdrawn since the Shanghai upgrade on Wednesday 12th of April. Two-thirds of these withdrawals are built-up rewards from past validator duties.
The reward withdrawals have accumulated in the absence of withdrawal possibilities since Ethereum staking went live. Hence, the withdrawal pressure from rewards will not keep up going forward, as nearly 80% of built-up rewards are withdrawn. And with the current low fees on the Ethereum network, the running rewards will not create withdrawal pressure like the one we have seen since the Shanghai upgrade.