Ethereum's Shapella update caused stakers to withdraw millions of dollars worth of ETH, sparking concern and optimism as funding rates rise and the market remains unpredictable.
-Despite concerns about market impact, Ethereum investors remained optimistic as the price defied predictions and stayed above $2,000.brought about the long-awaited unlocking of staked ETH. This development was met with mixed predictions from various quarters.
While some analysts foresaw a decline in ETH’s market value, it triggered a return to the previously established price range.As the unlocking of staked ETH gradually gained momentum, it begs the question of how stakers have responded to it. Also, what is the volume of stakes that have been withdrawn thus far?
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