Analysts: Small BTC Miners Selling, Whales Accumulating
CryptoNewsTerminal Staff29 Jul, 2024
Analysts: Small BTC Miners Selling, Whales Accumulating
CryptoQuant lead analyst Julio Moreno via X, “Since the BTC halving, small miners have been distributing their supply, while large miners have been accumulating. As some of the publicly traded miners have indicated, they have been buying some BTC.” Earlier, the largest publicly traded Bitcoin miner Marathon Digital Holdings announced the purchase of $100 million worth of Bitcoin (BTC).