2 hours ago
BTC Miner Inflows to Binance Hit Lowest Levels Since June 2023 Amid Reduced Selling Pressure
TLDR: BTC miner inflows to Binance have dropped to their lowest monthly average since June 5, 2023. The U.S. ice storm forced miners to sell BTC to cover fixed costs despite reduced operations. Combined miner inflows across all exchanges currently stand at approximately 4,381 BTC monthly. Miners are estimated to hold 1.8 million BTC in [...]
The post BTC Miner Inflows to Binance Hit Lowest Levels Since June 2023 Amid Reduced Selling Pressure appeared first on Blockonomi.
Source: Blockonomi →Related News
- 2 hours ago
BTC Dominance Nears 58% Range Low as Bitcoin Eyes CME Gap Fill at 70.1K
- 2 hours ago
XRP Ledger Signals Growth With $1M Unlock And Activity Surge
- 2 hours ago
Solana Head and Shoulders Breakdown Triggers Bearish Outlook Amid On-Chain Selli...
- 2 hours ago
Strategy Ramps Up Bitcoin Accumulation as Weekly Capital Raises Surpass $1 Billi...
- 3 hours ago
Altcoin Trading Volumes Hit Multi-Month Lows, Market Interest Waning
