Over the past couple of weeks, miners have offloaded the largest amount of bitcoin since January 2021, cryptoquant_com data shows. 14,000 $BTC was transferred just on July 14. Watch Chart of the Day explain the data, presented by cryptocom:
Charlie Morris of ByteTree Asset Management shares his bitcoin price analysis as the largest cryptocurrency by market cap is trading above the $23,000 level for the first time in five weeks. Plus, miners are exiting their BTC positions rapidly, according to data by CryptoQuant. Crypto mining company CleanSpark's Executive Chairman S. Matt Schultz discusses his outlook amid the recent market volatility.
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