Will Withdrawals Drive a New Institutional Ethereum Narrative?
The Breakdown
00:00
Ethereum's De-Risking Mechanism
There was rampant speculation around whether investors would withdraw their stake to realize any gain or loss. Some analysts suggest that large selling pressures tend to form around realizing profits rather than locking in losses. 60% of stake de-supply around 10.3 million ETH is currently sitting at a loss compared to when it was staked. Bank of America, who have increasingly been providing crypto research, said the Chappella upgrade was only an incremental improvement.
Play episode from 01:58
Transcript
