On-chain data shows that Bitcoin miners have been participating in selling recently. Here’s why this cohort is doing this, according to a quant. Bitcoin Miners Have Been Transferring To Exchanges Recently As explained by an analyst in a CryptoQuant Quicktake post, a significant shift has been occurring in the Bitcoin mining landscape as the cryptocurrency […]
Bitcoin has plunged below $42,000 as on-chain data shows the miners have continued their recent selloff, distributing another 1,000 BTC. Bitcoin Miners Continue To Make Outflows From Their Reserve As pointed out by analyst Ali in a post on X, miners have participated in some additional selling since Friday. The indicator of interest here is […]