Bitcoin hits Rs 16 lakh: crypto firms welcome OECD framework!
– Bitcoin miner reserves have fallen to lows not seen since February 2010, according to blockchain analytics firm IntoTheBlock.
– Bitcoin miners have 1.91 million BTC in their wallets, according to IntoTheBlock.
– Bitcoin miner reserves have been above the 2 million BTC markfirst surpassed on February 19, 2010for only 46 days since the start of 2022.
– This illustrates the impact of miners selling their Bitcoin throughout the year, at times selling more in a month than they mined, to compensate for profits that have dwindled as the market has suffered.
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