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Ethereum Miners’ ETH Holdings Near All-Time High

Roland James

Summary: Ethereum miners are holding ether tokens, which could suggest high confidence in the project. The current number of ether tokens held by all ETH mining pools is close to a record high of 1.69 million ETH, which was set back in October, according to crypto market data platform Santiment. The total balance of all ETH mining ...

Ethereum miners are holding ether tokens, which could suggest high confidence in the project.

The current number of ether tokens held by all ETH mining pools is close to a record high of 1.69 million ETH, which was set back in October, according to crypto market data platform Santiment.

The total balance of all ETH mining pools has grown by 11 percent from 1.52 million a year ago. Miner balances have seen a sharp rise from 1.54 million to 1.69 million in four months to October even as prices halved from $366 to $170.

By Roland James

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