Bitcoin miners not responsible for recent price drops, data shows – Yahoo Finance

Bitcoin miners not responsible for recent price drops, data shows – Yahoo Finance

“Miners Sell” is a popular trope used to explain bitcoin’s occasional bearish price action. But on-chain data doesn’t support this narrative, according to analysts and the mining pools themselves. After Bitcoin’s correction earlier this week to almost 30%, miners were a popular scapegoat. But miners have been extremely consistent in their selling habits for months, […]
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