Summary
- It was reported that Bitcoin (BTC) has reached an all-time high.
- Although there was a recent massive sell-off by miners, the continued buying pressure in the market surpassed this and led to further gains.
- Bitcoin was said to be trading at $121,339, up 2.92% from the previous day.
Bitcoin (BTC) reached an all-time high on this day. Despite a recent massive sell-off by miners, the explosive buying pressure in the market continued to fuel its rise.
On the 14th (KST), Ali Martinez reported via X (formerly Twitter) that "miners sold more than 3,000 Bitcoins over the past three days." According to the data, miners' Bitcoin holdings decreased from 1,810,000 on the 10th to 1,807,000 on the 12th.
Nevertheless, Bitcoin continued to trend upward during this period, despite the miners' selling pressure. As of 2:06 PM that day, Bitcoin was trading at $121,339, up 2.92% from the previous day.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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