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.
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 CNBC
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