CryptoQuant: Selling pressure from BTC miners has eased, with daily selling volume reduced by approximately 60% compared to the peak in December last
According to on-chain data released by CryptoQuant on February 9th, the selling pressure from mining has eased after the peak sales period in November and December 2023. The daily selling volume of miners has dropped from over 800 bitcoins per day in November and December 2023 to less than 300 bitcoins per day as of 2024.
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
SEC Considers Exemptions for Tokenized Securities Amid Evolving Regulatory Landscape
US stablecoin bill fails after $65 million bipartisan effort stalls
Bond says government induced guilty plea in $400K FTX campaign case
Two US states pass Bitcoin reserve laws worth millions in 48 hours
Trending news
MoreCrypto prices
More
