This story was originally published on HackerNoon at: https://hackernoon.com/the-mysterious-entity-impacting-eth-price.
The Ethereum upgrade created a new player in the market, and it's the main driver of price.
Check more stories related to web3 at: https://hackernoon.com/c/web3.
You can also check exclusive content about #cryptocurrency, #eth, #ethereum, #options, #financial-markets, #hackernoon-top-story, #crypto, #crypto-news, #hackernoon-es, #hackernoon-hi, #hackernoon-zh, #hackernoon-vi, #hackernoon-fr, #hackernoon-pt, #hackernoon-ja, and more.


This story was written by: @benlilly. Learn more about this writer by checking @benlilly's about page,
and for more stories, please visit hackernoon.com.



The amount of ETH staked quickly went parabolic, rising about 38% since. This was a major downtick in risk exposure, and as such, the amount ofETH staked has gone parabolic. This change resulted in a secondary effect on the market. I wasn’t aware of it until our friends from Paradigm reached out to say we might be interested in some insights.

Ver todos los episodios