Analyst: BTC miners sold more than 30,000 BTC in June, setting a yearly record
Analyst Crypto Patel posted on social media, stating that BTC miners sold over 30,000 BTC (approximately $2 billion) in June, setting a record for the year. Miner inventory is at its lowest level in 14 years, and the halving event has led to a significant drop in profits, triggering sell-offs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
Trending news
MoreCrypto prices
More
