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ETH Hodlers, are you worried about the Shanghai update?

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by COINS NEWS 117 Views

So, the Shanghai update is fast approaching & as you know, it will enable withdrawals of staked ETH from the blockchain. I've read that mechanisms have been put in place to avoid wild price swings (e.g. limiting daily withdrawals etc.) but an argument could be made that the price might be negatively impacted by the selling pressure.

Are you worried about the possible fall in price or not? Are you doing anything to minimize risk (i.e. swapping to BTC prior to the update) or are you simply gonna watch it play out?

Just wanted to get a sense of how people feel about the upcoming update.

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