Going by the numbers, it seems like many ether (ETH) stakers have decided to hold onto their coins. Although several analysts predicted the just-completed Ethereum Shanghai hard fork (along with the separate Capella upgrade, together known as “Shapella”) would be a “sell-the-news” moment, ETH has actually climbed to eight-month highs. The second-largest crypto by market capitalization was trading above $2,000 for the first time since last summer, after gaining ~3% during trading hours in Asia.
Source: https://www.coindesk.com/consensus-magazine/2023/04/13/why-didnt-you-sell-the-news-of-ethereums-shanghai-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines