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Ethereum World News
2023-04-10 16:06:01

Ethereum Ready To Turn On Staked ETH Withdrawals In 2 Days

Ethereum Ready To Turn On Staked ETH Withdrawals In 2 Days

Summary: The Shanghai-Capella upgrade scheduled for April 12 should unlock over $30 billion in staked ETH on Ethereum’s beacon chain. Clients are advised to upgrade their nodes ahead of Shapella’s arrival, core developer Tim Beiko said. It’s unclear if selling pressure might increase after the unlock enables withdrawals for over 16 million stETH. Ethereum’s highly anticipated Shanghai upgrade is scheduled for epoch 194048 at around 11 pm UTC on April 12, barely two days away at press time. ETH proponents

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