The stage was set for chaos in April 2023 when the Ethereum network underwent the Shapella hard fork upgrade. This crucial upgrade permitted Ethereum stakers to withdraw their coins for the first time since December 2020. The crypto community braced itself for a potential seismic shock, expecting substantial unstaking and sell-offs due to prevailing bearish market sentiments. Yet, the aftermath of the Shapella upgrade was remarkably stable, contradicting widespread expectations. This surprising turn of events has prompted Ki Young Ju, the CEO of CryptoQuant, to admit a misjudgment regarding the impact of the Shapella ... (full story)