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Is $170 a strong sell level for ETH miners?

For the second time this month, Ethereum miners are offloading parts of their block rewards after Ethereum broke above $170. After a 45-day accumulation period, ETH miners first moved about 10000 ETH on April 7th (as ETH tackled the $172 resistance line). Earlier today, they’ve started moving their coins again - at virtually the same price level.

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