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The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.
Those will for sure lose during this event in short/medium and maybe even long time frame.
First, The Merge event on Ethereum will not fix the current high transaction fees on the Ethereum network.
The reason why Ethereum gains too much trading volume is yes because The Merge event, I also realize this as most of the time these past few days, most of the entries on my trading is on Ethereum and I notice the trading volume on Ethereum is growing high compared to Bitcoin.