• September 26, 2023


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Crypto Miners Sell More Than 4,500 Bitcoins in 3 Days

ByLouis Adams

Sep 5, 2022 #Bitcoin, #mining
Reading time: < 1 minute

Bitcoin was trading above $20,000 at the end of last week. At the beginning of the US trading session, it reached $20,407.

Over the past two days, there have been no significant fluctuations in the market, and Bitcoin is meeting a new week below the psychological mark of $20,000.

According to IntoTheBlock, a zone of strong resistance has formed in the range from $20,021 to $20,628.

At about this cost, 913,520 addresses previously purchased 611,650 BTC. It is these investors who dump the cryptocurrency when it tries to make a breakthrough.

According to data platform CtyptoQuant, miners are once again among the most active sellers. Mining pools have mined approximately 4,586 Bitcoins in the last 72 hours.