#Bitcoin miners have been net distributors since the recent sell-off.
Miners balances have recently declined at a peak rate of 5k to 8k $BTC per month ($150M to $240M at $30k $BTC).
Their spending has slowed this week to 3.3k $BTC/mth.
Miners balances have recently declined at a peak rate of 5k to 8k $BTC per month ($150M to $240M at $30k $BTC).
Their spending has slowed this week to 3.3k $BTC/mth.