inreportIn the latest edition of CryptoQuant, analysts revealed that the amount of BTC transferred from Bitcoin miners to exchanges is Reached the highest level in two months. Amid lower revenue due to lower transaction fees
Miner btc.com transferred BTC to Binance, hitting a two-month high of more than 3,000 BTC.sellAt least 1,200 BTC via OTC, highest daily volume since late March
Large Bitcoin mining companies have also seen an increase in sales activity. One of them is Marathon Digital, which is based in the United States. which already sold 1,400 BTC in June The company’s June sales accounted for 8% of its total holdings. This is a significant increase from the 390 BTC sold in May.
The surge in sales from Bitcoin miners comes as revenues remain low after the halving, bringing daily mining revenues down to about $35 million, down 55% from $78 million, which peaked in March.
Daily Bitcoin transaction fees are now around 65, which is a significant decrease from the 117 recorded before the halving. Additionally, average transaction fees in USD remain low. This is despite the record number of transactions on the network in recent weeks.
refer : cryptopotato.com
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