---
title: “That’s Our 2 Satoshis” — The Shanghai ETH Rally & Contrarian Investing
description: The Ethereum Shanghai hard fork successfully activated staked ETH withdrawals. Contrary to expectations, there were no large outflows, and ETH jumped +15%.
---

[Arca Blog ](https://www.ar.ca/blog)

# [“That’s Our 2 Satoshis” — The Shanghai ETH Rally & Contrarian Investing](https://www.ar.ca/blog/the-shanghai-eth-rally-contrarian-investing)

 Written by [Jeff Dorman, CFA](https://www.ar.ca/blog/author/jeff-dorman-cfa) | Apr 17, 2023

[View full post](https://www.ar.ca/blog/the-shanghai-eth-rally-contrarian-investing)

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