Why Ethereum Withdrawals Won't Cause ETH Price to Crash

22/03/2023 11 min
Why Ethereum Withdrawals Won't Cause ETH Price to Crash

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Episode Synopsis

Nick (Senior Research Analyst) explains a major Ethereum upgrade that will enable ETH stakers to withdraw their staked ETH. Withdrawals are expected to go live in April.With many thinking this will cause ETH's price to tumble, Nick explains why he believes the enabling of withdrawals may actually be a good thing for ETH in the short term.Timestamps:00:00 Intro00:27 ETH Withdrawals01:42 Sources of Sell Pressure02:57 De-Risking Effect04:50 Other Arguments Why ETH Price Won't Collapse08:44 Expected Date of ETH Withdrawals09:35 Upcoming Ethereum Milestones11:12 Outro