“There’s going to be virtually no sell pressure when the Merge happens. Everyone who’s staking is locked up, everyone remaining with their money in stETH is holding until it repegs, anyone who had their money on Voyager or Celsius is locked in bankruptcy proceedings for 5-10yrs,” crypto commenter Ethereum Jesus tweeted, referring to the bankruptcy filings of crypto broker Voyager and crypto lender Celsius Network.
Source: https://www.coindesk.com/layer2/2022/07/19/is-the-ethereum-merge-driving-this-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines