In the lead-up to the last month’s Shapella upgrades, many crypto pundits speculated that activating staked Ether withdrawals could drag the price of the native asset down.
But the latest data suggest that the selling pressure on ETH post-withdrawal “has been somewhat of a non-event.” This is backed by the fact that deposits have almost matched the amount of ETH coming into circulation.
State of Ethereum: Post Shapella
The Shapella implementation was crucial as it enabled the withdrawals of staked ETH from the Beacon Chain for the very first time. However, the event also ignited concerns about the unstaked ETH entering circulation potentially leading to sustained selling pressure. The bullish outlook, on the other hand, argued the risk of being unable to withdraw is eliminated, resulting in more deposits.
According to Nansen’s recent report that analyzed the state of Ethereum post-Shapella, it was observed that the elimination of unstaking risks has thus far offset selling pres
We współpracy z: https://cryptopotato.com/analyzing-ethereum-post-shapella-upgrade-nansen/
