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CoinOtag 2024-06-29 12:57:38

Bitcoin Mining Data Mirroring FTX Collapse Suggests Potential Local Bottom

Recent Bitcoin (BTC) miner data indicates similarities to the FTX collapse, potentially hinting at a local bottom. Julio Moreno, Research Director at on-chain analytics platform CryptoQuant, has scrutinized the current status of Bitcoin miners. Moreno noted a 7.6% decline in Bitcoin miner capitulation, pointing towards intense sell-offs. Discover the latest insights into Bitcoin miner activities

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