BTC $64,751.81 +0.57%
ETH $1,915.66 +0.38%
BNB $603.03 -0.44%
XRP $1.00 -0.08%
SOL $77.20 +1.72%
TRX $0.3335 +0.86%
DOGE $0.0704 +0.14%
ADA $0.1741 -0.02%
BCH $204.40 -0.07%
LINK $9.50 -0.01%
HYPE $58.71 -0.67%
AAVE $89.60 +1.75%
SUI $0.6575 -2.87%
XLM $0.1547 -2.20%
ZEC $506.44 -1.74%
BTC $64,751.81 +0.57%
ETH $1,915.66 +0.38%
BNB $603.03 -0.44%
XRP $1.00 -0.08%
SOL $77.20 +1.72%
TRX $0.3335 +0.86%
DOGE $0.0704 +0.14%
ADA $0.1741 -0.02%
BCH $204.40 -0.07%
LINK $9.50 -0.01%
HYPE $58.71 -0.67%
AAVE $89.60 +1.75%
SUI $0.6575 -2.87%
XLM $0.1547 -2.20%
ZEC $506.44 -1.74%

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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