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Amount of ETH held by miners reaches highest level since 2016 By Cointelegraph

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© Reuters.

As miners remain reluctant to trade, the amount that they have in their possession has reached new records in U.S. dollars.

Ethereum miners have the biggest balance since its inception five years ago. According to Santiment data, the historic high of $1.85 trillion when converted into USD is reflected in its historical peak.

Price and balance of Ethereum mining equipment – santiment.net

Not enough hash rate

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