Bitcoin Miner OTC Holdings Plunge 72% Since 2021 Peak, Signaling Weaker Sell Pressure

BitcoinWorld Bitcoin Miner OTC Holdings Plunge 72% Since 2021 Peak, Signaling Weaker Sell Pressure Bitcoin holdings in over-the-counter (OTC) addresses linked to mining companies have declined by approximately 72% since November 2021, dropping from 500,000 BTC to 139,700 BTC, according to data shared by on-chain analyst Axel Adler Jr.

The sustained drawdown over more than four years suggests a gradual depletion of miner inventory, which has traditionally been viewed […] This post Bitcoin Miner OTC Holdings Plunge 72% Since 2021 Peak, Signaling Weaker Sell Pressure first appeared on BitcoinWorld.