In the lead up to the Ethereum Merge, traders appear to be in the accumulation phase. While a section of Ethereum traders anticipate a price drop ahead of the Merge, the buying spree continues. The upcoming Merge will mark a shift of the network from proof of work to the proof of stake mechanism. Meanwhile, the Ethereum (ETH) price dropped massively in the last few days.
More Ethereum Holders Now Eligible To Be Validators, Here's Why?
coingape.com
30 August 2022 18:32, UTC