CryptoQuant Research Director: After Bitcoin halving, smaller miners are selling Bitcoin, while larger miners are accumulating Bitcoin
CryptoQuant Research Director Julio Moreno stated, "After the Bitcoin halving, smaller miners are selling Bitcoin while larger miners are accumulating it. This aligns with reports from large listed mining companies: reserves are increasing, some have even bought Bitcoin."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IT Tech Packaging auditor HCL resigns, company seeks replacement
As US Treasury yields rise, the cost of borrowing short-term Treasuries surges, with traders aggressively building short positions
The US Treasury will conduct auctions of two-year, five-year, and seven-year Treasury bonds next week. Currently, traders are racing to borrow bonds to short them, driving the borrowing costs for short-term Treasuries sharply higher. On Friday, the overnight repo rate for borrowing the current two-year Treasury was about 0.79%, while the rate for the five-year even dropped to as low as -0.85%. In contrast, the repo rate for regular Treasuries was around 3.88%.
Concentrix EVP Cormac Twomey to step down effective Dec. 31, 2026
Accenture, Anthropic To Build Embedded AI Evaluator Team