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Ethereum investors brace for potential selling pressure from Shanghai as unrealized losses reach $5B

Quick Take Ethereums Shanghai is due to go live on Wednesday, and many investors face concerns about the potential sell pressure. So far, almost 3,600 validators have exited, with the most recent surge last Friday. So where is the selling pressure coming from? Roughly 1.1 million ETH, which is related to rewards associated with staking, […]. The post Ethereum investors brace for potential selling pressure from Shanghai as unrealized losses reach $5B appeared first on CryptoSlate.
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