Bitcoin Mining Data Mirroring FTX Collapse Suggests Potential Local Bottom

Recent Bitcoin (BTC) miner data indicates similarities to the FTX collapse, potentially hinting at a local bottom. Julio Moreno, Research Director at on-chain analytics platform CryptoQuant, has scrutinized the current status of Bitcoin miners. Moreno noted a 7.6% decline in Bitcoin miner capitulation, pointing towards intense sell-offs. Discover the latest insights into Bitcoin miner activities

Source: CoinOtag