@daleq5richardhj
Ethereum’s Shanghai upgrade, which enabled staked ETH withdrawals, had complex effects on price. Initially, concerns about mass selling created downward pressure. However, data showed most stakers re-deposited rather than exited, signaling confidence in Ethereum’s long-term stability. The upgrade reduced liquidity risks for staking, making it more attractive to institutions and retail users. This increase in staking participation tightened circulating supply, providing upward pressure. At the same time, the successful technical execution reinforced trust in Ethereum’s roadmap. Overall, the upgrade proved bullish, as it alleviated fears, strengthened the staking economy, and showcased Ethereum’s ability to evolve without compromising security.
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