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Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit.Editor: Remember to follow meSource: MarsBitIt has been a week since the end of Ethereum Shanghai upgrade.After this upgrade is completed, the pledgor can withdraw funds, including 32 ETHs pledged and accumulated rewards.In the months before the upgrade, ETH doomsayers depicted terrifying scenarios, predicting that months of full withdrawals and suppressed selling pressure would be released from the beacon chain.The reality is clearly more positive: the scale and composition of queue exits are still encouraging, the number of net validators is increasing, and the development trend of the liquid collateralized derivative (LSD) market is very strong.Exit queueAttempting to remove all 32 pledged ETH users from the beacon chain is called complete exit. Exit must first queue up.Unlike partial withdrawals of cumulative pledge rewards, this type of withdrawal is not automatic and the process is more time-consuming. Under the current network restrictions, queuing to exit can only process a maximum of 1800 full withdrawal requests per day.Exit queue25.2%Kraken(23%)CEXCoinbaseLSD18.3%

Data: After the upgrade of Ethereum Shanghai, over 110000 ETH have been unlocked and extracted. According to the Etherscan page, there have been 112000 ETH unlocked and extracted after the upgrade of Ethereum Shanghai, with a value of approximately $218 million

In the past 24 hours, the price of Etalum, the second largest secretive company, has skyrocketed by 7% as its network has successfully completed the highly anticipated Shanghai hard fork. However, upgrades enable network participants to recover their bet funds

After the upgrade of Ethereum Shanghai, ETH prices continued to rise, even exceeding the level of $2000. The fresh liquidity in the market has caused a significant increase in trading volume, but experts believe that some corrections are needed before ETH prices begin to rise again

The Ethereum blockchain is about to receive an important update on April 12th, namely the Shanghai Upgrade. The main purpose of this upgrade is to enable the extraction of Ethereum (ETH) already pledged on the Beacon Chain. Currently, over 17 million Ethereum coins are locked on the Beacon Chain, accounting for over 15% of ETH's total supply.How will this upgrade affect the price and market of ETH? We believe that from multiple perspectives, the upgrade in Shanghai is beneficial for ETH, for the following reasons:Enhancing the attractiveness of beacon chains Beacon chain is a core component of Ethereum's Proof of Rights (PoS) consensus mechanism, which enables Ethereum networks to be more secure, efficient, and environmentally friendly. Currently, to become a verifier of the beacon chain, at least 32 ETHs need to be pledged and cannot be extracted. For some users, this may be a high threshold and risk. After the upgrade in Shanghai, pledgers can freely extract their ETH and rewards, which will reduce the cost and risk of pledging, attract more users to participate in pledging, and increase the security and decentralization of the Ethereum network.Reduce the cost of second tier solutions

In the past week, several traders have participated in trading ETH for meme tokens. As a result, the usage of gas has surged, bringing considerable revenue to blockchain

On March 17th, the price of Ethereum decisively broke through the resistance trend line of the giant wave pattern. The formation of this form itself is a sign of uncertainty among participants, highlighting the unclear trend that ETH prices have witnessed since February 2023

The article was edited at 10:50 am on March 28, 2022. There was a delay in the publication of the article, and the real-time strategy was the main focusBoosted by the unexpected financial results of Facebook parent company Mata, the three major US stock indices collectively closed sharply higher on Thursday

Since the beginning of winter, the weather in the entire cryptocurrency industry has been particularly cold.According to non niche market data, on December 16, 2017, the overall market value of Bitcoin reached a record high of $326

Bitcoin traders' bids are much lower than those expected to rise rapidlyDue to BTC's efforts to find solid support, volatility remains lowDue to numerous influencing factors, from macroeconomic conditions to global regulatory changes, Bitcoin [BTC] has chosen to adhere to integration in the past few days. During this period, the gold coin successfully fell below $28000

Article editing time: 00:10 am, April 26, 2022At present, due to concerns about the economic outlook and the US debt ceiling, US debt has dropped significantly, which has had a certain impact on US stocks. The trend of the US equity week still needs to focus on the first half of the week's technology stock financial reports, as well as the second half of the week's GDP and PCE data

After approaching $27000 yesterday, Bitcoin rebounded strongly today, reaching the $30000 mark, and Ethereum also broke through $1960 at its highest. The strong rise has also led to as many as 38000 positions being sold out in the past 24 hours, with a total online exposure of $140 million