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Ethereum price is down 2.5% in last 24 hours and dropped to $1,872 as market awaits full launch of long-awaited Shanghai upgrade today. Shanghai will see a withdrawal of staked ETH as many investors expect an increase in sales with the update, resulting in further losses for the altcoin. However, daily withdrawal limits will prevent any sale from being particularly large or happening suddenly. At the same time, the update itself is a huge boost for Ethereum as long as it effectively completes its transition to a proof-of-stake consensus mechanism. Therefore, expect ETH continue to rise in the medium long term, especially as more investors buy the altcoin for staking purposes. Despite today's drop, ETH continues to rise 18% in last 30 days a
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