šØ Bitcoin Miner Reserves Hit Two-Year High! šØ
Attention crypto enthusiasts! š Bitcoin miner reserves have surged to a staggering 368,000 BTC, valued at about $22.36 billion. This significant jump, driven by a 70% increase in miner OTC desk balances over the past three months, has experts on edge. Historically, such surges have often foreshadowed market declines.
š Key Insights:
- Current Reserve: 368,000 BTC
- Value: ~$22.36 billion
- Historical Pattern: Previous high reserves have led to price drops.
As miners potentially prepare to sell large amounts, could this be a signal for a market shift? Stay tuned and keep an eye on those charts! š
