CoinDesk reporters and editors chronicle the first-ever activation of withdrawals from the Ethereum staking mechanism, set for Wednesday at 6:27 p.

On-chain data from Glassnode shows that Ethereum locked into the Beacon Chain contract is currently carrying an unrealized loss of $4.7 billion.

Ethereum’s Shanghai upgrade will unlock ether that has been staked since the Merge, potentially leading to selling pressure that market participant