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CryptoGlobe 2023-03-05 18:10:31

$ETH: Why Analysts Don’t Expect Withdrawals Post Shanghai Upgrade To Crash Ether Price

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

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