Bitcoin miners now hold 1.856M BTC in 2-year high — new data
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Bitcoin miners now hold 1.856M BTC in 2-year high — new data
Https://cb.run/BSnP Bitcoin miners now hold 1.856M BTC in 2-year high — new dataBitcoin (BTC) miners now own more BTC than at any time since 2020 as the impact of the past months' turbulence wears off.
According to data from on-chain analytics firm CryptoQuant, miners' BTC holdings increased dramatically in July.
Miners keep stacking sats In the latest sign of miners recovering from recent price weakness, the amount of BTC in their wallets has hit a fresh multi-year high.
As originally noted by CryptoQuant contributor and analyst Jan Wuestenfeld, their combined balance totaled 1,865,272 BTC as of July 29.
The start of August saw a slight decline, with the total as of Aug....