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Shanghai-Capella: ETH Staking Withdrawals with Tim Beiko, Justin Drake, and Anthony Sassano
Bankless
The Bear Case for Ether in the Ethereum Price
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Justin: I think it's pretty reasonable to assume that withdrawals will ultimately outpace deposits just because of the pent up to demand to withdraw. But at the same time, like all that's not going to be sold at once, right? There are going to be people that are not going to want to sell that ETH. They're just going to cover their taxes with other fear that they have, right? Not everyone's going to be at a 30% tax rate.Anthony Bourdain: The most bearish scenario is really just the tax selling for the consensus layer rewards.
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