$ETH: Cumberland Says After the Merge $20M/Day of Miner Selling Pressure Is Gone

On Thursday (August 25), Cumberland, which is “a specialized cryptoasset trading company within DRW, a diversified principal trading firm”, commented on the crypto market in general, and in particular about the potential ramifications of Ethereum’s upcoming “Merge” upgrade, which marks the transition from proof-of-work (PoW) to proof-of-stake (PoS). Here is how Ethereum Foundation explains the Merge, which […]