World Crypto Global
- Written by: noreply@blogger.com (Silicon Valley Newsroom)
- Wed, 12 Apr 2023
- United States
Ethereum's next big upgrade, Shanghai (aka "Shapella") set for Wednesday at 22:27 universal time, 6:27 p.m. Eastern US. With the upgrade those who staked ETH for the ETH 2.0 merge will be given access to their coins again - about 15% of the total ETH supply wroth around $33.73 billion will become tradeable again. Will there be a sell-off? Ethereum's price is lower than when most people initially locked up their staked coins, so we're expecting people will continue to HODL if possible. Video Courtesy Of CNBCSubscribe to GCP in a reader
