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coinpedia
2023-05-09 09:14:33

Investors, Alert! Bitcoin Under Siege As Miners Sell Off Holdings

Investors, Alert! Bitcoin Under Siege As Miners Sell Off Holdings

The post Investors, Alert! Bitcoin Under Siege As Miners Sell Off Holdings appeared first on Coinpedia Fintech News Recent data from Glassnode indicates a surge in Bitcoin (BTC) miner outflow, hitting an 11-month peak of 1.104. This level has not been seen since June 16, 2022, when it reached 1.068. The spike in miner outflow signals that BTC miners are offloading their holdings at the fastest pace in almost a year. The Cause …

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