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Bitcoinist 2019-11-21 11:30:02

Bitcoin Price Forces Small Miners Out, Untagged Wallets Dump $20M

Miners made the biggest withdrawal of funds in 2019, just as Bitcoin price was fighting its last to keep above $8,000. The accelerated selling of rewards may look like an episode of miners capitulating. Bitcoin Price Forces Miners to Sell The sum of $20 million looks small in comparison to the entire BTC activity, which is above $19 billion per day. However, miners selling their current rewards is a signal that their faith in bitcoinRead MoreThe post Bitcoin Price Forces Small Miners Out, Untagged Wallets Dump $20M appeared first on Bitcoinist.com.

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