Recently, the heated discussions around ETH withdrawals from staking have reached new highs. In fact, on January 5, 2024, there was also a significant withdrawal of ETH from staking, amounting to 536,000 (recently 740,000). At that time, there were no continuous purchases from companies like $SBET or $BMNR, yet the price of ETH hardly dropped and after some fluctuations, it surged.
The so-called staking selling pressure does not necessarily mean that the price will drop. However, the current market is extremely volatile, so do not blindly try to catch the bottom. Friends who are not sensitive to market trends can follow the Commander, as any opportunities to catch the bottom or the latest updates will be shared immediately.
