Ethereum had a successful October as it closed the month on the back of a 43% hike. A good October is always necessary for a good Q4 for any asset and investors right now seem to be pleased with their standing.
However, they are not alone as even miners seem to be enjoying the profits of October. And, the fear of EIP-1559 having a drastic effect on them is finally disappearing.
Ethereum’s bullishness throughout October resulted in a good spike in trading and transaction volumes, as well as high inflows from investors. The accumulation trend was running hot and that led to a profitable month for Ethereum miners as well.
Even though throughout October less than 600 new miner addresses joined the network, the consistency by previous miners led
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