BTC logo
BTC
$108,070.34
2.55%
ETH logo
ETH
$3,865.57
2.31%
USDT logo
USDT
$1.0004
0.01%
BNB logo
BNB
$1,153.41
0.02%
XRP logo
XRP
$2.3061
3.81%
SOL logo
SOL
$184.04
4.65%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3147
1.21%
DOGE logo
DOGE
$0.1869
4.21%
ADA logo
ADA
$0.6399
3.43%
USDE logo
USDE
$0.9995
0.06%
HYPE logo
HYPE
$36.69
2.32%
LINK logo
LINK
$17.30
3.62%
BCH logo
BCH
$503.90
3.31%
XLM logo
XLM
$0.3100
3.85%
SUI logo
SUI
$2.5276
5.46%
WBT logo
WBT
$41.11
1.34%
AVAX logo
AVAX
$20.79
4.85%
LEO logo
LEO
$9.5750
0.68%
HBAR logo
HBAR
$0.1697
4.92%
BTC logo
BTC
$108,070.34
2.55%
ETH logo
ETH
$3,865.57
2.31%
USDT logo
USDT
$1.0004
0.01%
BNB logo
BNB
$1,153.41
0.02%
XRP logo
XRP
$2.3061
3.81%
SOL logo
SOL
$184.04
4.65%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3147
1.21%
DOGE logo
DOGE
$0.1869
4.21%
ADA logo
ADA
$0.6399
3.43%
USDE logo
USDE
$0.9995
0.06%
HYPE logo
HYPE
$36.69
2.32%
LINK logo
LINK
$17.30
3.62%
BCH logo
BCH
$503.90
3.31%
XLM logo
XLM
$0.3100
3.85%
SUI logo
SUI
$2.5276
5.46%
WBT logo
WBT
$41.11
1.34%
AVAX logo
AVAX
$20.79
4.85%
LEO logo
LEO
$9.5750
0.68%
HBAR logo
HBAR
$0.1697
4.92%
Finance
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Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May

A slump in miner reserves indicates potential selling pressure, according to CryptoQuant.

By Oliver Knight|Edited by Sheldon Reback
Updated Mar 8, 2024, 7:15 p.m. Published Dec 29, 2023, 2:13 p.m.
Alta Novella's turbine room with 40 ASIC bitcoin miners.
(Sandali Handagama/CoinDesk)