An action cannot please every body, like the ETH merge, many are hyped about this merge while others are having a doubt. So it is not surprising that there are people who are a bit hesitant to par take in this merge event. And I think most of them are POW miners.
This is a conflict of interest, but in any case it will be a loud and important event for the chain and it is important that the market does not turn around and go down much.I have not yet determined the position for myself, but I have plans to buy some ETH.