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Bitcoin Remains Resilient Despite Satoshi-Era Miner Sales – Here’s Why

Bitcoin Remains Resilient Despite Satoshi-Era Miner Sales – Here’s Why


Bitcoinist
2024-09-22 11:00:45

In the last week, multiple miner wallets dormant from the Satoshi era transferred out a significant amount of Bitcoin (BTC). Generally, when miners sell their Bitcoin, especially in a significant proportion, it can induce selling pressure leading to a price drop. However, despite recent miner selling activity, BTC rallied by over 7% hitting a top


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