Bitcoin miner balances hit 18-month low amid wallet reorganization signals

exchange68September 12, 2024

0 1 2 minutes read

Discover the undercurrents shaping Bitcoin’s economy as we analyze the recent substantive drop in miner balances, hitting levels unseen since August 2021. While the transfers are minimal, their path away from mining wallets hints at strategic shifts rather than panic sales. With Bitcoin’s halving on the horizon and transaction fees at a record low, the industry watches F2 Pool’s moves closely. Will these trends push miners towards a market inundation, or is there a different strategy at play? Untangle the signals hidden behind these economic maneuvers exclusively with CryptoSlate Alpha.

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