Miners Sold Nearly 15,000 Ethereum Leading Up to the Merge

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Decrypt 4 mo ago

Miners Sold Nearly 15,000 Ethereum Leading Up to the Merge - Decrypt

Quick Summary:

Ethereum miners appear to have cashed in big leading up to the network’s highly-anticipated merge event last week.

This shift also ended all mining activity on the platform, as so-called validators now secure the network rather than miners.

For performing this service, they can earn a neat yield; if they behave dishonestly, allowing fraudulent transactions to occur, their staked Ethereum can be fined.