Bitcoin’s realm has experienced some pretty momentous moves lately. Data shows that the total amount of BTC held by our oceanic friends has dropped to its lowest level since 2019. This decline marks a six-year low in whale holdings, and it has our investors and analysts scratching their heads and trying to figure out what is behind this trend—are whales not valuing Bitcoin as much as they used to? Meanwhile, our miners appear to be doing the exact opposite of our marine brethren. They have not recorded any selling activity of late. In fact, the last time they seemed to
The post Bitcoin Whale Holdings Drop to Six-Year Low as Miners Hoard BTC appeared first on The Merkle News.
