Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers

Ethereum’s upcoming Shapella hard fork or Shanghai upgrade will let users withdraw their "staked ether." The impending unlocking of ETH deposited in the network to boost security in return for rewards will see some holders rush to exchanges to liquidate their tokens, which some observers say could be worth a couple of billion dollars. Meanwhile, CoinDesk’s Ethereum validator enters its final weeks, sitting on more than $30k of gains. "The Hash" panel discusses the potential market impact.