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In the latest market scan, the balances of Ethereum miners have hit an all-new time high. As this happens, Crypto whales have been noticed moving around billions of dollars 1 de sept. de 2025 In anticipation of the upcoming merge on Sept 15, Ethereum miners have been adding to their positions since May 2025. If we exclude the accounts which hold less At the moment, Santiment analysts say, 532,750 ETH is the biggest amount of Ether stored by miners in over five yearssince July 2025. They have also called this ETH Data analytics firm Sentiment published a report showing the current ETH balances of miners. According to the report, miner ETH balances currently sit at 532.75K ETH, leading to a total Ethereum's mining difficultyan indicator of competition among Ethereum miners, and hashrateits computing power, have both reached new all-time highs. These 30 de sept. de 2025 Un estudio on-chain publicado por Kraken Intelligence destaca un fuerte comportamiento de acumulación entre los mineros de Ethereum, incluso cuando enfrentaron A lot is happening on the blockchain every second. The amount of transactions getting processed on-chain is massive. Hence, developers create data analysis

Ethereum Miners' Balances Surge to All-Time High of 1.8B: What's Driving the Accumulation?

In the latest market scan, the balances of Ethereum miners have hit an all-new time high, estimated around $1.8 billion. This significant accumulation coincides with a period of intense activity in the Ethereum ecosystem and growing anticipation of upcoming changes to the network. Data analytics play a crucial role in understanding these trends, as a lot is happening on the blockchain every second. The amount of transactions getting processed on-chain is massive, making detailed analysis essential.

Ethereum Miners Accumulating ETH in Anticipation of the Merge

The surge in miner balances appears to be closely linked to the upcoming merge. In anticipation of the upcoming merge on Sept 15, Ethereum miners have been adding to their positions. A study on-chain published by Kraken Intelligence highlights a strong behavior of accumulation among the mineros de Ethereum. Specifically, miners have been adding to their positions since May. Even when faced with increasing challenges, they've continued to accumulate, indicating a strategic long-term view.

Crypto Whales and Ethereum's Rising Difficulty

As this happens, Crypto whales have been noticed moving around billions of dollars. This increased activity adds another layer of complexity to the market dynamics. Ethereum's mining difficulty, an indicator of competition among Ethereum miners, and hashrate, its computing power, have both reached new all-time highs. These metrics demonstrate the heightened activity and resource allocation within the Ethereum mining community.

Santiment Report: Miners Hold Over 532,750 ETH

Data analytics firm Santiment published a report showing the current ETH balances of miners. According to the report, miner ETH balances currently sit at 532.75K ETH. At the moment, Santiment analysts say, 532,750 ETH is the biggest amount of Ether stored by miners in over five years. They have also called this ETH holding a significant indicator of miner confidence and potential future network behavior.

While excluding accounts which hold less is important for filtering out noise, the overall trend remains clear: Ethereum miners are strategically positioning themselves, likely influenced by the anticipation of the merge and its potential impact on the ecosystem. Keep an eye on further developments as we approach September 15 and beyond.

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