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ETH $2,272.42 -0.75%
BNB $618.78 -0.76%
XRP $1.36 -1.06%
SOL $83.09 -0.62%
TRX $0.3232 -0.11%
DOGE $0.1038 +4.65%
ADA $0.2443 -0.70%
BCH $447.52 -0.05%
LINK $9.11 -1.17%
HYPE $39.65 -0.09%
AAVE $94.44 -2.18%
SUI $0.9059 -1.67%
XLM $0.1603 -1.22%
ZEC $324.27 -2.81%

Analyst: Over the past year, Bitcoin miners' balances have decreased by 90,000 coins, with stable sales possibly for covering operating costs

2024-12-16 16:23:41
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ChainCatcher message, on-chain analyst Maartunn shared IntoTheBlock data on X stating: "In the past year, miners' Bitcoin balance decreased from 1.99 million BTC to 1.90 million BTC, a decline of 4.74%. Miners are steadily selling, but the amount is not large. This suggests that they may be selling some BTC to cover operational costs."

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