Bitcoin miner profitability is on show for all to see amid concerns over BTC price susceptibility to their activities.
Bitcoin (BTC) miners could be among the largest profit-takers as BTC’s price struggles near $43,000, data shows.
The latest figures from on-chain analytics firm Glassnode confirm mass offloading is continuing into year-end.
Since mid-October, Bitcoin miners have been reducing their BTC balances on a practically constant basis.
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Source: https://cointelegraph.com/news/bitcoin-miners-reduce-btc-holdings-miner-price-nears-65k