Bitcoin Miners’ Reserves Reach Six-Month High
On-chain data shows that bitcoin miners’ reserves have been increasing since June and have tapped a new six-month high.
Ever since the mid-year substantial sell-off, bitcoin miners’ reserves have been gradually rising, and their total holdings have reached a six-month high. Additionally, on-chain data showed that the reaccumulation levels had reached the September highs, right before BTC started to gain value rapidly.