After tonight, you will see Bitcoin starting with 6 become history! ?
Have the miners discussed this, halving? What the hell is this? They won't sell Bitcoin even if they die! Don't look at the fact that there are still 14 hours left until the halving. In fact, the halving wind is already blowing in the sky! The latest gossip is that the top five heads of Bitcoin mining companies are stable as a rock and have no plans to sell Bitcoin because of the halving!
Bitwise's April 10 report is like a tabloid. It said that the top five mining companies sold just 2,000 Bitcoins in the first quarter of 2024.
It's like a stingy old landlord! Think of the 700,000 Bitcoins held by miners around the world, representing 3.4% of the total! The last time they were so demanding was in the first quarter of 2022! On the other hand, in the fourth quarter of 2023, sales were very generous and more than 7,000 Bitcoins were sold at once!
“The top five mining companies are now like five big sects.”
Among them, Marathon Digital has the largest Bitcoin production, with a cost price of only US$22,249 per coin, which is like taking money! They produced more than 2,500 Bitcoins in the first quarter of 2024. Although it is slightly less than the fourth quarter of 2023, it is enough for ordinary people to spend in several lifetimes!
The current situation is simply a bull market for crypto ETFs sweeping the world! The two main economies of China and the United States joined the war. Who dares to easily abandon Bitcoin?
Don't forget, there are only 21 million Bitcoins in total!