Bitcoin Miners Hold Reserves Close to 2 Million BTC

  • Sergey Maga
  • 19 September, 2024 20:40
Bitcoin Miners Hold Reserves Close to 2 Million BTC

Data indicates that Bitcoin miners have accumulated reserves close to 2 million BTC. This reflects a strategy of holding mined coins in anticipation of price increases.

The total miner reserves represent a significant portion of the maximum supply of 21 million BTC. Such accumulation can affect market liquidity and price dynamics.

Some experts believe that miners may start selling their reserves if mining profitability continues to decline after the next halving.

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