"The Effect on the ETC Price When the initially available White Hat DAO funds are combined with The DAO attacker's holdings, the result is that nearly 10 percent of the entire ETC supply is going to be able to be sold for the first time by September 2nd. This could potentially have a significant and negative impact on the ETC price and market cap. "I cannot speculate as to what the DAO attacker will do, but supply and demand calls for a price drop," Brave New Coin Head of Research, Tone Vays , told Bitcoin Magazine ."