According to recent comments by several prominent crypto analysts, Ethereum’s Shanghai (aka “Shapella”) upgrade, which allows for withdrawals of staked ether ($ETH) previously locked, won’t significantly affect ETH’s price. There have been concerns that the ability to withdraw funds could lead to an oversupply of $ETH on the market, especially since there’s approximately $29 billion […]
$ETH: Why Analysts Don’t Expect Withdrawals Post Shanghai Upgrade To Crash Ether Price
March 6, 2023
Crypto Globe