Crypto miners moved 14K Bitcoin in 24 hours signaling miner capitulation

Crypto miners have unloaded a significant portion of their Bitcoin reserves last week. In fact, miners transferred more than $300 million worth of BTCs from their wallets last week signaling that miner capitulation could be at hand. Data from blockchain analytics firm CryptoQuant reveal that crypto miners transferred 14,000 BTCs out of their wallets in a single 24-hour period at the end of last week, CNBC reported. In the last few weeks, miners have already offloaded the largest amount of Bitcoin since January 2021. The move suggests that crypto miners are preparing to sell their...



source: https://tokenpost.com/Crypto-miners-moved-14K-Bitcoin-in-24-hours-signaling-miner-capitulation-9685

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Source: NewsService