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Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation mode

Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation mode

New data from Glassnode shows that Bitcoin (BTC) miners are accumulating “massive” amounts of BTC. Total BTC reserves were 1.859 million BTC as of Monday, the highest since a marked reduction at the end of 2020 after BTC/USD passed its previous all-time highs from 2017.

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