Ethereum's latest Shapella upgrade has been successful, but 18.5% of Ethereum network validators have not updated their validator credentials, which could mean they won't be able to pull their money out of the system until they do so.
An analyst at investment firm Galaxy estimates it may take up to 100 hours to update the withdrawal credentials for the entire validator set of Ethereum. There are currently over 31,166 validators that have signaled for a "full exit" along with 1,118,291 Ethereum, with Kraken making up a significant portion of that demand.
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