MARA just bought 1,292 BTC, worth nearly $100 million, and directly dumped it in.
Miners hoard coins, and they never look at bearish signals. With electricity and hashing power in hand, this is a bet on supply squeeze after the halving.
On-chain coins are moving from exchanges to mining pools, and the motivation to sell off in the short term is reduced even further.
$BTC #MARA #old veteran
Miners hoard coins, and they never look at bearish signals. With electricity and hashing power in hand, this is a bet on supply squeeze after the halving.
On-chain coins are moving from exchanges to mining pools, and the motivation to sell off in the short term is reduced even further.
$BTC #MARA #old veteran
