Miners aren't selling

in bitcoin •  16 days ago 

Bitcoin Miners aren't selling their coins

It's about time!

Bitcoin miners are finally starting to hold their coins.

The bitcoin miner Riot posted that they mined more than 500 bitcoin in the month of December and held every last one of them

That is in stark contrast to what we were seeing in November and even into December by a lot of miners.

They appeared to be fearful of that $100k number not holding so they were unloading all they could.

Now they have sold all they could and are back to hoarding.

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(Source: https://x.com/BitcoinMagazine/status/1876368070937305141/photo/1)

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