BTC $64,656.09 +0.61%
ETH $1,911.71 +0.29%
BNB $602.48 -0.52%
XRP $0.9998 -0.01%
SOL $76.95 +1.50%
TRX $0.3337 +0.92%
DOGE $0.0702 +0.01%
ADA $0.1741 +0.05%
BCH $203.90 -0.43%
LINK $9.47 -0.36%
HYPE $58.62 -0.72%
AAVE $89.26 +1.61%
SUI $0.6546 -3.27%
XLM $0.1545 -2.13%
ZEC $505.07 -1.14%
BTC $64,656.09 +0.61%
ETH $1,911.71 +0.29%
BNB $602.48 -0.52%
XRP $0.9998 -0.01%
SOL $76.95 +1.50%
TRX $0.3337 +0.92%
DOGE $0.0702 +0.01%
ADA $0.1741 +0.05%
BCH $203.90 -0.43%
LINK $9.47 -0.36%
HYPE $58.62 -0.72%
AAVE $89.26 +1.61%
SUI $0.6546 -3.27%
XLM $0.1545 -2.13%
ZEC $505.07 -1.14%

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

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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