Ethereum Miners’ $319M Crypto Hoard Hangs Over Market After Merge – CoinDesk

Posted on September 22, 2022Comments Off on Ethereum Miners’ $319M Crypto Hoard Hangs Over Market After Merge – CoinDesk

“If miners had accumulated Ethereum at a profit, or they need to pay their electric bill, they would be incentivized to sell at a profit, especially with the expected and actual increased volatility,” said Alexandre Lores, director of blockchain market research at Quantum Economics.

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Comments Off on Ethereum Miners’ $319M Crypto Hoard Hangs Over Market After Merge – CoinDesk