Crypto Bull Market? Ethereum's Shanghai Upgrade is Showing STRONG Results! 💪 #shorts

In a recent development, staked Ethereum (ETH) can now be withdrawn as the Ethereum proof-of-stake chain has upgraded to Shapella/Shanghai. This was announced by Tim Beiko, an Ethereum core developer, on Twitter, and withdrawals are now live on Etherscan. According to on-chain analytics firm Lookonchain, 139,948 ETH worth $273.5 million have been withdrawn in 57,037 transactions after the Shapella hard fork. Binance has also announced that ETH 2.0 staking participants will be able to redeem ETH with their BETH holdings on a 1:1 basis starting on April 19 at 8:00 UTC. While some speculate that this could trigger selling and put downward pressure on the price of Ether, at the moment, deposits are outpacing withdrawals, and ETH has crossed the $2,000 mark, up 6.35% in the last 24 hours.

Crypto Bull Market? Ethereum's Shanghai Upgrade is Showing STRONG Results! 💪 #shorts

#ethereum #ethnews #eth #ethupgrade #ethshanghai #ethstaking

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