One of the biggest crypto events of 2023 will happen next week | CRYPTO TREYSI

One of the biggest crypto events of 2023 will happen next week. On Wednesday, April 12, Ethereum will hold a hardfork called Shanghai upgrade!

Now the most important thing about the hardforge is the implementation of EIP-4895, which allows validators to withdraw ETH that was delivered back in December 2020! Around 18 million #ETH or $33 billion will be unlocked and ready to trade

Just a reminder: in December 2020, the price of #ETH was around $600-700 which gives steakers a 3x profit ! That's a great profit and surely many will take it and get out: they will just sell their #ETH ! What's more, many of the big funds that survived 2022 will be able to sell their assets. For example, Celsius is likely to sell its 158,000 #ETH in bankruptcy proceedings !

In the next post we will look at some possible outcomes and try to prepare for the storm, stay tuned!