The post Bitcoin At Crossroads As Smaller Miners Sell, Large Players Accumulate appeared first on Coinpedia Fintech News
Recent data highlights a significant trend in Bitcoin miner behavior post-halving. While smaller miners (holding 0.1-1 BTC) have been offloading their holdings, larger miners (holding 100-1k BTC) have steadily accumulated, with the Bitcoin Accumulation Score reaching 1.
This shift aligns with reports from major publicly traded mining companies, which have increased their reserves and even made new purchases. Bitcoin currently trades at $66,500, having dropped 2.15% last night from a peak of $70,066.
