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

Miners dumped over 16,000 ETH, worth more than $20 million, in the past week, on-chain data showed. The Ethereum miners still have about 245,000 ETH left – and no longer any business affiliation with the blockchain network.

(Midjourney/CoinDesk)
(Midjourney/CoinDesk)