With the “Merge”, the Ethereum blockchain successfully mastered the biggest upgrade in its history on September 15 last year. Even before the switch to Proof of Stake (PoS), investors were able to stake ETH to receive rewards.
However, the prerequisite was that a minimum of 32 ETH had to be staked and could not be accessed until the next upgrade, meaning the ETH could be unstaked. This changes with the Shanghai hard fork, which is tentatively scheduled for March this year.
As NewsBTC reported, the upgrade is not only causing excitement, but also concern that large investors may dump their ETH on the market when they can get their hands on their tokens for the first time in over two years, in some cases.
However, the narrative of a dump is a myth as most people still don’t know how the exit queue works. Researcher Westie posted a thread via Twitter to explain the mechanism.
According to him, the withdrawal period on Ethereum works dynamically and is not static like on other PoS n
We współpracy z: https://newsbtc.com/news/ethereum/ethereum-shanghai-selling-pressure-myth/
