The upcoming etheric Shanghai hard fork project will be launched in March 2023, and this update also ends the transfer of the Internet to risk confirmation (POS), which originated from the whole process of putting together on September 9. 15, 2022. Once implemented in Shanghai, the previously locked ETH will gradually become liquid for the first time since December 2020.

According to On-Chain Ethercan, more than 16.6 million ETHs are currently locked in PoS chip contracts, which are worth $28 billion as of February 16, 2023. The change in Etherum from work unit certification (PoW) to POS is now beginning to achieve its original overall goal, even if the supply of Ether is deflated. In the 154th time since the merger, more than 24800 euros have been damaged, leading to a typical annual deflation of 0.05 per cent.

In Up there. On February 16th, the total supply of the ether was 120 million, which means that slightly more than 10% of the supply will be turned on, and the profit reward will gradually start with the update in Shanghai.

Let's explore what the index values on the chain can help to identify what is likely to happen during the renewal period in Shanghai.

Because of liquid chip derivatives, part of the locked ETH is liquid

To benefit from returns before the Shanghai Composite Index upgrades, investors are forced to lock in his ETH and run a reliable node. 32 lock-in ETH minimum bets basically require a complete lack of liquidity, which means that traders have a limited choice of effects on such coins.

Liquidity betting Derivatives (LSD) allows users to benefit from betting on Ether while retaining the OTP capability received for the sale of derivatives on the secondary market. The LSD agreement collects and locks the local ether, giving consumers another dynamic password that means shares in the pool.

It wasn't until LIDO and other agreements saw a surge in cash flow in business mergers that liquidity bets became famous. Since the advent of Ether pile, liquid pile has exceeded that of non-liquid pile. As of February 13, 57% of STAKED Ether was liquid and 43% was non-liquid.

Because the vast majority of the ether is locked in by LSD, investors have access to liquidity at this stage, which may ease the pressure on sales after the sharp fall in the Shanghai stock market.

Few liquor manufacturers make a profit.

When Ether Stings opened in December 2020, Ether prices varied from $400 to $700. In turn, many investors are betting that Ether is close to its historic high of $4200. According to Binance:

We note that a tenth of the ETH (about 2 million) are betting between $400 and $700-the earliest storage tank in December 2020-that liquidity bets for that year are far from well known, and this group is likely to be illiquid.

Because Ether is up 69% since it hit an all-time high, many investors betting on Ether are currently losing money.

A very small number of profitable speculators are likely to be unwavering followers of the Ethernet Internet, but the liquidity date is still unclear. Because many depositors are losing money, but those who make a profit must be long-term investors, when contemporary coins can eliminate bets, etheric prices are likely not to be sold on a large scale.

More than 1 person in Lido Staker

On January 2, 2023, Lido announced that it had surpassed MakerDAO to lock in the maximum amount of decentralized finance. As of February 13, Lido is the largest bet on the physical line of the etheric. The deal has more than £5 billion in LIDO, accounting for 29.2 per cent of all physical objects. It is worth noting that nearly 30 per cent of individual stock holders have access to current liquidity through LIDO.

Independent operating nodes are risky for people who operate nodes at home or with groups. Stand-alone network operators may think that the ether is a long-term loan currency, because the connection point can lead to costs and risks. One shooter accounts for 24.9% of all shooters at this stage.

Because nearly 55 per cent of the ether is owned by independent Staker or Lido, the risk of a decline in the price of the ether is likely to be reduced as well.

Although the chain of data closely surrounding Ford focus in Shanghai is likely to take a fancy to the Ethernet Internet, some investment analysts predict that the price of Ethernet is likely to continue to fall.