Bitcoin balances in miner-associated OTC addresses have fallen sharply from 500,000 BTC to 139,700 BTC since November 2021, marking a 72% decline, according to CryptoQuant analyst Axel Adler Jr. This trend, reported on July 21st, highlights a continuous depletion of miner reserves over the past four years, suggesting a significant shift in miner-held Bitcoin.
Miner-Associated OTC Bitcoin Balances Plummet 72% Over Four Years
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
