Blockchain and Cryptocurrency News
Bitcoin miners are hodling while long-term investors take profits
On-chain data shows that while miners are selling less BTC, old investors are realizing profits. Read More
On-chain data shows that while miners are selling less BTC, old investors are realizing profits.
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Better to hold at this point of time. It sure is going up in the coming 3 months.
We think so as well. The miners are usually professional enterprises and their forecasts usually have more weight than the retail crypto investors’. Also, more and more traders and companies are reallocating their BTC holdings into yield bearing assets on DeFi, so ETH and DeFi platforms have a lot to gain from this bull run.
Agreed.