Coinbase will withdraw approximately $129 million worth of staked ETH

ChainCatcher news, according to Nansen's dashboard, as of June 8, the amount of ETH pledged by Coinbase and related entities waiting to be canceled was 71,296 (approximately US$129 million), accounting for more than 70% of the total amount of pledged ETH waiting to be withdrawn by entities. .​

According to news today, since the U.S. Securities and Exchange Commission (SEC) took enforcement action against Coinbase on June 6, 35,810 cbETH has been redeemed, worth approximately $65.7 million. Among them, the single-day redemption volume on June 6 was 27,280 cbETH, worth approximately $49.1 million. According to Nansen data, the current number of cbETH staked in Coinbase is 2.328 million, accounting for 10.3% of the total ETH staked. (Source link)