Ether (ETH) Stakers Flee Crypto Exchange Binance, Coinbase as Rocket Pool, Frax Finance Gain Deposits

Exchanges Receive $375M Influx of Ether Since Ethereum Shanghai Upgrade as ETH Price Hits 11-Month High

Regulatory risks and aversion to centralized crypto platforms after last year’s bankruptcies are likely among the reasons that drive investors to decentralized staking protocols, Tom Wan, an analyst at digital asset investment firm 21Shares, said in a note.

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