Analyst: The BTC balance of OTC addresses linked to miners fell from 500k coins to 140k coins over four years, a drop of nearly 72%.

PANews, July 21 — CryptoQuant analyst Axel Adler Jr. said that since November 2021, the amount of Bitcoin held by OTC addresses associated with miners has fallen from 500k BTC to 139.7k BTC, a drop of nearly 72%. The continued decline has lasted for more than four years, indicating that miners’ reserves are gradually being depleted.

BTC1.62%
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