Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

The Daily Hodl 2023-03-03 15:30:50

$17,200,000,000 in Staked Ethereum Is Now Underwater – Here’s the Price Implication After Upgrade: CryptoQuant

On-chain analytics platform CryptoQuant is revealing the likely impact of the upcoming Shanghai upgrade on the price of smart contract blockchain Ethereum (ETH). According to CryptoQuant, the selling pressure for the second-largest digital asset will be low after this month’s Shanghai upgrade. The update will allow validators to withdraw ETH from Ethereum’s proof-of-stake blockchain for The post $17,200,000,000 in Staked Ethereum Is Now Underwater – Here’s the Price Implication After Upgrade: CryptoQuant appeared first on The Daily Hodl .

freebitcoin
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.