đ #BitcoinUpdate: New research from Glassnode shows that BTC miners no longer greatly influence BTC prices during sell-offs.
đ New exchanges and ETFs are the main factors influencing BTC price, with over 3 million BTC on exchanges and 887K BTC in ETFs.
đ Miners only hold about 705K BTC, much less than exchanges and ETFs.
đ Glassnode: "Selling pressure from miners gradually decreases through halving events."
đ©đȘ German government sold 48K BTC recently, but the market absorbed it well.
đȘ The future looks bright for miners as hashrate increases and profitability conditions improve.
đ What do you think about the future of BTC? Comment! đŹ#Crypto#Blockchain#Finance#TechNews