Ethereum miner balance reaches four-year high weeks before the Merge
Experts believe that miners are hoarding more ETH in anticipation of price surges and forked PoW tokens.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Experts believe that miners are hoarding more ETH in anticipation of price surges and forked PoW tokens.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Circle gives its Bitcoin-backed token one balance across Ethereum and Arc
Gateway gives cirBTC holders a shared balance, with advertised fast access after deposit finality and a separate seven-day fallbac...
Strive’s Bitcoin Treasury Reaches 43,000 BTC as It Files a $1 Billion SATS ATM
Strive bought 6,182 bitcoin between Oct. 17 and Oct. 23 at an average price of about $82,732 each, including fees, lifting its hol...
Visa’s Agent Payment Pilot Highlights the Next Question for Crypto Wallets
TL;DR: Visa, BILL and Billtrust are piloting trusted AI agents that complete approved invoice payments through supplier portals. T...
Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Monero’s network hashrate is hovering near historic highs, but its mining distribution tells an equally compelling story. On Monda...
XRP whales now control 68.5% of supply, the highest share since November 2022
The increased concentration of XRP among whales raises concerns about market manipulation and challenges the token's decentralizat...
Aave Raises USDT Borrowing Costs at High Utilization
The Ethereum pool now enters its steeper rate tier at 92% utilization, giving borrowers an earlier incentive to leave liquidity av...