is scheduled for this summer by ETH developers. However, a fixed date hasn’t been set yet. Nonetheless, some of the ETH holders are rejoicing in their profits thanks to their decision of HODLing.
Both BTC and ETH have had a great rebound month in July. But, the largest altcoin saw far more signs of profit taking as compared to BTC’s neutral approach.The ratio between transactions in profit vs. loss painted two very different pictures for the top market cap assets. Clearly, ETH’s metric rose above its arch-rival.
Indeed, the much-anticipated Merge created an overall optimism within the flagship network. For instance, ETH whales have been accumulating the token with the merge approaching closer.Furthermore, Ethereum developers have shared a target for a mid-September Merge, fueling ETH’s rise to $1500. In fact, the token traded at around the $1,508 mark, at press time.
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