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Network data provider IntoTheBlock reported that while miners were selling huge volumes of BTC, new bitcoin addresses were emerging that were buying bitcoins on the fall.
According to IntoTheBlock, since June 14, bitcoin miners have gotten rid of a large amount of BTC – 18251 coins worth $ 372,035,684 at the current exchange rate.
After the world’s leading cryptocurrency managed to return to the $ 20,000 zone, miners resumed sales:
Miners rush to sell to cover expenses/loans.
Since the hashrate is maintained at a historically high level, and BTC fluctuates around 20 thousand dollars, miners are trying to reach the break-even level.
Since June 14, miners’ reserves have fallen by 18,251 BTC.
Analytical company Santiment reported that this year there were many “thick” bitcoin wallets. Over the past two weeks, against the background of the fall in the price of BTC, several addresses with 10-10,000 BTC have appeared on the network.
As for larger wallets that store more than 10,000 BTC, their number has also increased since the beginning of February.
Today, the largest cryptocurrency by market capitalization fell to $ 19,950, but then there was a rebound to $ 20,700 and a subsequent descent to $ 20,350.
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