Mass withdrawals started on April 29 after EigenLayer’s decision to ban U.S. and Canada-based participants from its upcoming airdrop.
EigenLayer — the largest Ethereum restaking protocol — has received over 12,412 withdrawal requests following widespread disappointment surrounding its planned EIGEN airdrop.
Mass withdrawal requests started on April 29, when EigenLayer saw over 4,336 daily withdrawals, rising to 6,496 on April 30, according to Dune data.
The restaking protocol amassed over 12,412 withdrawals in the past three days, which started on April 29 after EigenLayer released a white paper on its EIGEN token. However, several jurisdictions were excluded from the airdrop, including the United States, Canada and several African and Asian countries.