5% depegging on BETH/ETH

BETH is at present about 5% depegged from the 1:1 ratio with ETH on binance.

Final week, ETH developers introduced they scheduled the Shangai replace on ETH2.0 in march 2023, which can enable validators to unstake their locked up ETH and staking rewards.

So this is a simple 5% discount on ethereum when you simply swap ETH to BETH on binance?! I do know concerning the large uncertainty within the area recently and the dangers associated to each Binance and ethereum. But is there anything I'm lacking? A 5% discount/premium for a investment with a time horizon of a few quarter of a yr appears a no-brainer even with current dangers included.

Additionally, can somebody explain me the fundamentals/reasons behind the depegging? Now it appears to me that about 5% of the quantity of ETH transferred to BETH might be stored by binance if the Shangai update happens while it is still unpegged. Individuals cashed out their BETH for lower than 1:1, so there have to be extra ETH than BETH presently, right? (Rationally considering, the worth will come back to it's peg once we strategy the Shangai replace because of arbitrage.)