Bitcoin miners holding 98% of coins reveals what smart money knows
Key Points
- Bitcoin miners are holding onto their BTC instead of selling...
Bitcoin miners just pulled the classic "I'm not selling, you're selling" move, and the numbers are telling quite the story. BTC.com mining pool is driving nearly 98% of all Bitcoin transfers from miners to Binance as of June 26, which sounds dramatic until you realize they're actually doing less transferring than usual.
Here's where it gets interesting: while Bitcoin comfortably lounges above $100,000 (currently around $109,000), these miners are acting like that friend who refuses to sell their vintage Pokemon cards because "they might be worth more someday." Historically, when BTC.com miner...
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