Ethereum withdrawal test network "Zhejiang" is online tonight! Bitcoin Returns 23000

The developers of Ethereum Foundation announced last night that Zhejiang, the first public withdrawal test network for the upgrade of Shanghai+Capella, will be launched at 23:00 this (1) evening.At the All Core Developer (ACD) Conference held by Ethereum Foundation in early January,Announcing the scheduled launch of the Shanghai upgrade of the main network in March, the highly anticipated "ETH Pledge Withdrawal" will be opened

The developers of Ethereum Foundation announced last night that Zhejiang, the first public withdrawal test network for the upgrade of Shanghai+Capella, will be launched at 23:00 this (1) evening.

At the All Core Developer (ACD) Conference held by Ethereum Foundation in early January,Announcing the scheduled launch of the Shanghai upgrade of the main network in March, the highly anticipated "ETH Pledge Withdrawal" will be opened.

Paritosh further explained that the Shanghai+Capella upgrade on the Zhejiang test network will be triggered six days after Epoch reaches 1350.At that time, users can test some or all of the withdrawal functions, as well as some other EIPs included in the upgrade.(The Shanghai upgrade is expected to include proposals such as EIP-3540, EIP-3670, EIP-4200, EIP-4750, and EIP-5450.)

Ethereum beacon chain pledged 17 million ETHs

According to the latest data on Ethereum's official website,Ethereum's total pledge has exceeded 17.32 million ETHsAt the current price of $1576,Equivalent to a value of 27.3 billion US dollars.

Although it is gratifying for many users who pledge ETH to withdraw funds as expected to open in March 2023, considering that the deposit contract address on the main network of Beacon Chain was first released in November 2020, when ETH prices were only around $400,This means that some pledgers still have over 200% unrealized profits, which also means that the market may face market pressure worth tens of billions of dollars in ETH at that time (of course, it will not be fully unlocked at once, but released in batches according to the demand for withdrawal), enduring severe price fluctuations.

Additionally,As central banks in the United States, UK, Europe and other countries announce their latest interest rate decisions this weekBitcoin (BTC) fell below $23000 and hit a low of $22503 yesterday, butToday, it rose back above 23000 US dollars againAs of the deadline, it was reported at $23071, an increase of 0.8% in the past 24 hours.

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