bitcoinist.com (nprofile…x94c)
https://pbs.twimg.com/media/Ggwj3P_W4AAweGM?format=jpg&name=large
On-chain data shows the volume of Bitcoin miners has observed a steep drop recently. Here’s what this could mean for the asset. Bitcoin Miners’ Volume Share Has Been Sharply Going Down Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed the recent trend in the Bitcoin Miners’ Volume Share. The […]
https://bitcoinist.com/bitcoin-miner-volume-has-plunged-what-does-it-mean/
bitcoinist.com / Bitcoinist
npub1mv…52zuc
2025-01-10 04:29:57
Author Public Key
npub1mvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qc52zucPublished at
2025-01-10 04:29:57Event JSON
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"According to on-chain data, the Bitcoin Miners' Volume Share has been steadily decreasing over the past decade. This indicator measures the percentage of total Bitcoin transaction volume attributed to miner-associated transfers. The recent drop could be attributed to miners selling their coins during the Q1 rally, or it could be a sign of increased activity across the network. The metric's peak has been decreasing with each cycle, which may be due to the block subsidy halving event."
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