2023-03-18
The Shanghai hard fork on Ethereum has
been set by Ethereum developers on April 12. The Shanghai mainnet upgrade will
include five improvements, including EIP-4985 which will allow Ethers (ETH)
that have been staked on the Beacon Chain to be withdrawn and complete the
transition from Proof-of-Work to Proof-of-Stake.
According
to Etherscan, more than 17.69 million ETH have been staked on the Ethereum PoS
smart contract. The Shanghai Upgrade can cause short-term selling pressure.
Ethereum Proof-of-Stake Smart
Contract
Address: 0x00000000219ab540356cBB839Cbe05303d7705Fa
ETH Balance: 17,696,663.139280631621301325 ETH (As of March 17,
2023)
ETH Value: $30,213,336,011.06 (@ $1,707.29/ETH)