The amount of ETH to be unstaked on Coinbase is valued at 129 million USD, accounting for 79% of all withdrawal entities

ChainCatcher message, according to Nansen's dashboard, as of June 8, the amount of ETH staking waiting to be canceled by Coinbase and related entities is 71,296 (approximately $129 million), accounting for over 79% of the total amount of entities waiting to withdraw their staked ETH.

Today's news, since the U.S. Securities and Exchange Commission (SEC) took enforcement action against Coinbase on June 6, a total of 35,810 cbETH has been redeemed, worth approximately $65.7 million. Among them, the redemption amount on June 6 alone was 27,280 cbETH, valued at about $49.1 million. According to Nansen data, the current amount of cbETH staked in Coinbase is 2.328 million, accounting for 10.3% of the total ETH staked. (Source link)