Are Bitcoin Miners Selling at Isla Junior blog

Are Bitcoin Miners Selling. Publicly traded bitcoin miners, like marathon digital and riot blockchain, sold more bitcoin than they produced last month, a big step up from the first four months of the year when they sold only about 30% of what they produced, according to a new report from arcane research. According to the theory, bitcoin (btc) miners sending rewards to exchanges foreshadows pending sell pressure on the asset’s price and possibly reflects distress among miners. Crypto miners still selling their bitcoin as reward halving looms, blockchain data show. Bitcoin miners ramped up btc sales to acquire capital to upgrade machinery and prepare for the halving event, when rewards will. Bitcoin miners are close to capitulation, but this phase has also coincided with btc price bottoms and trend reversals. Bitcoin miners, many of whom have traditionally held onto the cryptocurrency after creating the digital assets, have been selling. Bitcoin miners ramped up btc sales to acquire capital to upgrade machinery and prepare for the halving event,.

Bitcoin miners are close to capitulation, but this phase has also coincided with btc price bottoms and trend reversals. According to the theory, bitcoin (btc) miners sending rewards to exchanges foreshadows pending sell pressure on the asset’s price and possibly reflects distress among miners. Bitcoin miners ramped up btc sales to acquire capital to upgrade machinery and prepare for the halving event,. Bitcoin miners ramped up btc sales to acquire capital to upgrade machinery and prepare for the halving event, when rewards will. Crypto miners still selling their bitcoin as reward halving looms, blockchain data show. Publicly traded bitcoin miners, like marathon digital and riot blockchain, sold more bitcoin than they produced last month, a big step up from the first four months of the year when they sold only about 30% of what they produced, according to a new report from arcane research. Bitcoin miners, many of whom have traditionally held onto the cryptocurrency after creating the digital assets, have been selling.

Bitcoin miners sold their entire May harvest report

Are Bitcoin Miners Selling Publicly traded bitcoin miners, like marathon digital and riot blockchain, sold more bitcoin than they produced last month, a big step up from the first four months of the year when they sold only about 30% of what they produced, according to a new report from arcane research. Bitcoin miners, many of whom have traditionally held onto the cryptocurrency after creating the digital assets, have been selling. Bitcoin miners are close to capitulation, but this phase has also coincided with btc price bottoms and trend reversals. Bitcoin miners ramped up btc sales to acquire capital to upgrade machinery and prepare for the halving event,. According to the theory, bitcoin (btc) miners sending rewards to exchanges foreshadows pending sell pressure on the asset’s price and possibly reflects distress among miners. Publicly traded bitcoin miners, like marathon digital and riot blockchain, sold more bitcoin than they produced last month, a big step up from the first four months of the year when they sold only about 30% of what they produced, according to a new report from arcane research. Bitcoin miners ramped up btc sales to acquire capital to upgrade machinery and prepare for the halving event, when rewards will. Crypto miners still selling their bitcoin as reward halving looms, blockchain data show.