Bitcoin Mining Pools Are Selling Less BTC Now, Have Been Holding Since March: CryptoQuant

2021-6-21 11:06

Recent analytics report that for several months BTC miners’ Bitcoin sales have been decreasing in volume as miners now prefer to hold crypto

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Miners' Reward Token (MRT) на Currencies.ru

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Bitcoin Miners Appear Not To Sell Or Care About Price, Is This Bullish?

Data from CryptoQuant suggests that Bitcoin miners might, after all, not care about price and all the fear, uncertainty, and doubt (FUD) in recent days. Bitcoin Miners Are Not Selling According to CryptoQuant’s Miners’ Position Index (MPI), a ratio between the total miner BTC outflows and the 365-day moving average of the same reading, Bitcoin miners have not been sending their coins to external addresses, typically exchanges.

2023-3-9 21:27