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Ethereum Shapella Upgrades Leads to Capital Moving from CEX to DeFi, Here’sHow

By Bhushan Akolkar at 2026-06-16 04:48

Sentiment: Positive

After the successful implementation of the Shapella (Shanghai + Capella) upgrade last week, the ETH price registered a strong 10% rally moving past the $2,100 level. Ever since the launch of Shapella, more than 1 million ETH worth $2.1 billion have been withdrawn from the Beacon chain so far. However, ever since the Ethereum blockchain The post Ethereum Shapella Upgrades Leads to Capital Moving from CEX to DeFi, Here’sHow appeared first on CoinGape. Continue reading...

Categories: 24/7 Cryptocurrency News

Tags: #24/7 Cryptocurrency News #DeFi News #Ethereum Shapella #Shanghai hardfork

Source CoinGape