Bitcoin Miners Cut Withdrawals by 90% Post-Halving, Indicating Reduced Selling Pressure

Bitcoin miners have drastically reduced their withdrawal transactions by around 90% following the recent halving event in April. CryptoQuant’s analysis on June 28 highlighted the decreased selling pressure among miners and the impact of the halving event, which cut block rewards by 50%. Key figures in the industry note significant shifts in mining dynamics, with

Source: CoinOtag