Source: Coindesk.com
Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of the previous halving in May 2020. The shift likely stems from miners selling into the rising market to upgrade equipment and ensure sustainability after the impending halving of rewards on April 20, according to Wintermute.
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The post "Crypto Miners Run Down Bitcoin Inventory to 3-Year Low in a Strategic Pre-Halving Move" appeared first here Coindesk.com.
Source: Coindesk.com
