Bitcoin miners halt sales as BTC gains 20% since hash ribbon ‘buy’ signal

Bitcoin miners halt sales as BTC gains 20% since hash ribbon ‘buy’ signal

Bitcoin miners may be in the midst of reversing a lengthy selling trend which has become all the more intense since late 2023, the latest data shows.

Key points:

Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak.

Over the past month, miner wallet balances have increased by around 2,700 BTC.

Read more

0 Shares:
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like