Miners Hoards bitcoin from recording daily earnings

Bitcoin miners stashs away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March.

Data shows that miners’ BTC balances have been increasing since late March. Since February, roughly 5,000 newly minted BTC were added to Bitcoin’s unspent supply, totaling 1.765 million Bitcoin.

Direct transfers from miner wallets to exchanges dropped well in recent weeks.

Author: mBRzeVZxHo

Leave a Reply

Your email address will not be published. Required fields are marked *