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Coinbase will allow customers of its ETH staking program to unstake their assets 24 hours after ETH developers activate the Shapella fork on the Ethereum mainnet.
ETH has gained more than 9% since the Shapella Upgrade went live.
Yet there are reasons to believe that its effect on the market might be muted; Shapella sets somelimitations as to how much ETH validators can withdraw at once, and it would take about 18 months for validators to withdraw everything.
Source: https://fortune.com/crypto/2023/04/08/ethereum-shanghai-upgrade-ether-crypto-markets/