At the time
of filing this report, the second largest cryptocurrency, Ethereum, is selling
at the price of $1,885.63.
This
represents a 2.08% rise in the last 24 hours, a 0.24% gain across the previous
seven days, and an advance of 0.80% on its monthly chart.
It can be
regurgitated that following the Shanghai upgrade-enabled staked Ethereum
withdrawals, more people are choosing to lock up their coins in beacon deposit
contracts, demonstrated by the fact that since the update, the amount of staked
Ethereum has increased rapidly and set a new record.
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