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ETH $2,356.83 -3.38%
BNB $630.86 -1.99%
XRP $1.44 -3.37%
SOL $86.22 -3.50%
TRX $0.3293 +0.50%
DOGE $0.0951 -5.23%
ADA $0.2499 -4.33%
BCH $445.08 -2.19%
LINK $9.31 -3.87%
HYPE $44.23 -1.34%
AAVE $106.12 -8.87%
SUI $0.9617 -5.04%
XLM $0.1705 -2.71%
ZEC $324.25 -1.87%

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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