Post-halving, Bitcoin (BTC) miners offer forward-thinking companies and investors an opportunity not seen in 14 years?

#BTC☀

According to CryptoQuant, the amount of Bitcoin held in miners’ wallets has dropped 50% from its all-time high.

After the April halving, block rewards dropped from 6.25 BTC to 3,125 BTC. The number of new Bitcoins added daily dropped from 900 to 450. The drop in daily revenue and profitability forced many small-scale miners to give up and empty their wallets.

Bitcoin wallets hit 14-year low

The last time the amount of Bitcoin in Bitcoin miners’ wallets was this low was 14 years ago, according to CryptoQuant analysts.

“14 years ago, Satoshi was actively working on the Bitcoin project, altcoins hadn’t emerged, Obama was president, and it took Michael Saylor and MSTR a decade to make their first Bitcoin purchase,” the analyst said, adding:

“Coupled with rising demand and falling inflation, we are in for an epic supply crunch in the coming years.”

Demand for Bitcoin has changed dramatically over the past 14 years. As of June 3, inflows into the spot Bitcoin ETF totaled $13.9 billion, ⚠️nearly q1un+巍；BTC24644The ETF began trading in the U.S. in January. “Companies and investors with foresight and who understand the long-term implications of this offering will benefit greatly,” the analyst said. “Slowly… and then suddenly,” he commented. #NOT涨势分析 #现货以太坊ETF获美SEC批准