“The 1 million instantly withdrawable Ether is more of a concern. This amounts to around 1% of free-floating Ether, in other words, not staked Ether. In a matter of minutes, the whole stack gets withdrawable, potentially causing holders to rush to exchanges to liquidate the Ether as soon as the floodgates are open, pushing down the price,” Saxo Bank said in a blog post.
Deflationary Ether Is Underperforming Bitcoin, Here are 3 Reasons Why
