Glassnode: Bitcoin Miners Accumulate Another 8,874 Coins

Glassnode: Bitcoin Miners Accumulate Another 8,874 Coins

Bitcoin miners have been focusing on saving rather than spending their earnings. Bitcoin’s price potential since March 2021 has inspired miners to save their bitcoin rather than dumping it on the market.

This move could spark a further price increase in the crypto’s value.

Glassnode CIO Lex Moskovski has confirmed these findings. He took to his Twitter to share that the Bitcoin Miner Position Indicator has turned positive.

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