Editor's PiCK
"Miners Sold 771 Bitcoin (BTC) in the Last 24 Hours... Approximately 108.7 Billion KRW"
Minseung Kang
Summary
- It was reported that miners sold 771 Bitcoin in the last 24 hours, recording a transaction of approximately 108.7 billion KRW.
- The selling pressure from miners is analyzed to act as a downward force on Bitcoin prices.
- Bitcoin is trading at $97,662, down 0.78% based on the Binance USDT market.
Bitcoin (BTC) miners reportedly sold 771 BTC in the last 24 hours, amounting to $76 million (approximately 108.7 billion KRW).
On the 10th (local time), cryptocurrency analyst Ali Martinez reported on his X (formerly Twitter) that "Bitcoin miners sold 771 BTC in the last 24 hours."
Typically, selling pressure from miners can act as a downward force. The price of BTC is trading at $97,662, down 0.78% from the previous day, based on the Binance USDT market at 20:15.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
