It’s easy to think that launching Shanghai in the middle of a bear market could hurt the betting ecosystem. Coy about the macro outlook for cryptocurrencies in 2023, stakers may decide to withdraw their ETH, keeping their assets liquid in the event of more market turbulence. Wary of regulatory moves against bookmakers, new stakers may not rush to deposit funds as they did during the bull market frenzy.
What the Ethereum Shanghai Upgrade Will Mean for ETH Liquidity
