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BCH $434.15 -0.73%
LINK $9.06 -1.60%
HYPE $43.65 -2.69%
AAVE $100.48 -0.55%
SUI $0.9362 -1.38%
XLM $0.1560 -0.40%
ZEC $358.02 -4.84%

Analyst: Over the past year, Bitcoin miners' balances have decreased by 90,000 coins, with stable sales possibly for covering operating costs

2024-12-16 16:23:41
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ChainCatcher message, on-chain analyst Maartunn shared IntoTheBlock data on X stating: "In the past year, miners' Bitcoin balance decreased from 1.99 million BTC to 1.90 million BTC, a decline of 4.74%. Miners are steadily selling, but the amount is not large. This suggests that they may be selling some BTC to cover operational costs."

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