Bitcoin miners have reduced their selling activity, with $62 million worth of Bitcoin currently being held as the price surpasses $62,000. Post-April 2024 halving, miners initially escalated their selling to manage operational costs due to halved rewards. The chart from Glassnode illustrates a noticeable decrease in the 30-day percent of mined supply sold, coinciding with […]
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Miner selling slows with reserves increasing by $62 million BTC