đ„ Bitcoin News: Could MARA and Hut 8 Transfers Weigh on BTC Price?
Large Bitcoin miner transfers are raising fresh sell pressure concerns for BTC. Blockchain analytics firm Lookonchain reported on October 19 that MARA and Hut 8, two major publicly traded Bitcoin miners, moved a combined 2,589 BTC.
The transfers come as traders watch for potential downside pressure on Bitcoin's price from increased miner selling activity. Do you think these miner outflows will trigger a BTC price drop
â What's your take â is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption
Large Bitcoin miner transfers are raising fresh sell pressure concerns for BTC. Blockchain analytics firm Lookonchain reported on October 19 that MARA and Hut 8, two major publicly traded Bitcoin miners, moved a combined 2,589 BTC.
The transfers come as traders watch for potential downside pressure on Bitcoin's price from increased miner selling activity. Do you think these miner outflows will trigger a BTC price drop
â What's your take â is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption