What caused Bitcoin miners to dump their coins in October

2023-10-12 20:30

Miners' earnings from transaction fees increased in the last week. Miners liquidate their BTC stashes to meet their operational costs. Bitcoin [BTC] miners shunned hoarding mentality and liqThe post What caused Bitcoin miners to dump their coins in October appeared first on AMBCrypto.

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Miners' Reward Token (MRT) на Currencies.ru

$ 0 (+0.00%)
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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