en
Back to the list

Bitcoin Miners Sell 30K BTC, Miner Reserve Dips To 14-Year Low

source-logo  coingape.com 24 June 2024 17:50, UTC

In June, Bitcoin miners offloaded over 30,000 BTC, equivalent to approximately $2 billion. This marks the highest monthly sell-off recorded this year. Moreover, this substantial liquidation has driven miner reserves down to a 14-year low of 1.9 million BTC as miners initiated selloffs to stay afloat after the recent Bitcoin Halving.

coingape.com