No one anticipates a swift market movement that would fundamentally alter the market's current structure, as seen by trading volume and midterm investors' actions. However, is it a coincidence that Mt.Gox Bitcoins will be released on Ethereum merge date?
The market's tranquillity at the end of August and start of September will be brief, as at least two big events that could trigger volatility surges occur in the space: the Merge upgrade on Ethereum and the release of Mt.Gox Bitcoins worth roughly $3 billion.
According to Richard Heart's material on the Prohibition of Assignment, Bitcoin's "release date" is slated for September 15, which is around the time when the Ethereum Merge update will go online.
You ready for the #mtgox #bitcoin dump? pic.twitter.com/WXTzEQtYwW
Later, Richard Heart clarified that the date does not necessarily imply that the market will experience a rise in selling pressure on the release date. It appears to be a d...