Miners Accumulating Ethereum at a Rapid Rate May Take ETH to Record High

Miners Accumulating Ethereum at a Rapid Rate May Take ETH to Record High

The Ethereum  (ETH) price could explode to record highs on the backs of an optimistic accumulation behavior.
Data provided by cryptocurrency market analysts at Santiment shows that miners are now holding more ETH rewards than they did three months back. At 1.69 million ETH, which roughly equals about $300 million, the cumulative balance of all Ethereum mining pools is now sitting atop a new…

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