Bullish for ETH: Miners Aren’t Selling Ethereum Despite Its Sizable Rally

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Ethereum’s price has rocketed over the past few days alongside Bitcoin, but it has been underperforming the benchmark crypto While Bitcoin is currently on the brink of setting fresh yearly highs, ETH is trading down significantly from its $490 highs that were set a couple of months ago For ETH to outperform BTC, there will likely have to be a resurgence in the DeFi space This will drive transactional volume and buy-side pressure for ETH and help it rocket higher One positive development that may boost Ethereum is the fact that its miners haven’t been selling into this recent rally Ethereum and the entire crypto market have been caught in the throes of an intense uptrend throughout the past few days thanks to Bitcoin’s rally past $13,000. ETH is still underperforming the benchmark crypto slightly, but this could change rapidly if there’s any catalyst for gains – like a phase…

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