Voluntary exit count surges ahead of Shanghai upgrade on Wednesday

Share This Post

Quick Take

  • The voluntary exit count is the total number of validators that have exited the validator pool voluntarily.
  • CryptoSlate first reported that the voluntary exit count was starting to creep higher in the build-up to the Shanghai upgrade a couple of weeks ago.
  • The total number of validators to have left the pool voluntarily is roughly 2,000, with a huge count on Friday of roughly 1,700.
  • When a validator opts to cease participating in consensus and enters the exit queue, these validators no longer propose or attest to blocks. Still, the ETH stake cannot be withdrawn until the Shanghai upgrade is online.
  • However, the total number of validators has exceeded 564,000, so the number may seem inconsequential, but could a higher number of validators leave the exit pool as the week goes on?
Voluntary exit count: (Source: Glassnode)
Voluntary exit count: (Source: Glassnode)
Total Number of Validators: (Source: Glassnode)
Total Number of Validators: (Source: Glassnode)

The post Voluntary exit count surges ahead of Shanghai upgrade on Wednesday appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Solana Continues to Outperform Ethereum, But Here’s Why SOL Price is Jammed Below $145

The post Solana Continues to Outperform Ethereum, But Here’s Why SOL Price is Jammed Below $145 appeared first on Coinpedia Fintech News The CPI print usually creates volatility within the markets;

Bitcoin miners fall in October with only Riot, Galaxy, Core Scientific posting gains

Bitcoin mining stocks have showed mixed results this October, with many falling more than Bitcoin, which has also recorded a modest 45% drop so far Ticker Sept 30 ($) Oct 10 ($) Gain/Loss (%) Company

Bitcoin’s Consolidation Phase Is Laying The Groundwork For Its Next Bullish Rally

As Bitcoin‘s price continues to fluctuate, determining its next trajectory has become a major discussion within the general cryptocurrency community, with several analysts pointing to various

Shiba Inu Price Rose From $0.0000000001 To $0.00008 In 2021, Analyst Predicts This AI Token Will Repeat The Feat

The post Shiba Inu Price Rose From $00000000001 To $000008 In 2021, Analyst Predicts This AI Token Will Repeat The Feat appeared first on Coinpedia Fintech News In 2021, Shiba Inu price experienced

Metaplanet acquires additional 108 BTC in efforts to dethrone Meitu as Asia’s top Bitcoin holder

Japanese investment firm Metaplanet has increased its Bitcoin holdings to over 700 BTC after its latest acquisition of the top crypto asset On Oct 11, Metaplanet confirmed the purchase of an

Tron’s Justin Sun Ambitious Plans as Liberland’s New Prime Minister

The post Tron’s Justin Sun Ambitious Plans as Liberland’s New Prime Minister appeared first on Coinpedia Fintech News Justin Sun, the founder of Tron, has been named Prime Minister of the