Bitcoin
Bitcoin (BTC)
$59,903.00 -1.43335
Bitcoin price
Ethereum
Ethereum (ETH)
$2,371.79 -0.12878
Ethereum price
BNB
BNB (BNB)
$559.47 -1.77676
BNB price
Solana
Solana (SOL)
$137.77 -1.30437
Solana price
XRP
XRP (XRP)
$0.52735 0.47127
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 -2.28709
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000092 1.88275
Pepe price
Bonk
Bonk (BONK)
$0.0000199 0.15547
Bonk price
Bitcoin
Bitcoin (BTC)
$59,903.00 -1.43335
Bitcoin price
Ethereum
Ethereum (ETH)
$2,371.79 -0.12878
Ethereum price
BNB
BNB (BNB)
$559.47 -1.77676
BNB price
Solana
Solana (SOL)
$137.77 -1.30437
Solana price
XRP
XRP (XRP)
$0.52735 0.47127
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 -2.28709
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000092 1.88275
Pepe price
Bonk
Bonk (BONK)
$0.0000199 0.15547
Bonk price
Bitcoin
Bitcoin (BTC)
$59,903.00 -1.43335
Bitcoin price
Ethereum
Ethereum (ETH)
$2,371.79 -0.12878
Ethereum price
BNB
BNB (BNB)
$559.47 -1.77676
BNB price
Solana
Solana (SOL)
$137.77 -1.30437
Solana price
XRP
XRP (XRP)
$0.52735 0.47127
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 -2.28709
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000092 1.88275
Pepe price
Bonk
Bonk (BONK)
$0.0000199 0.15547
Bonk price
Bitcoin
Bitcoin (BTC)
$59,903.00 -1.43335
Bitcoin price
Ethereum
Ethereum (ETH)
$2,371.79 -0.12878
Ethereum price
BNB
BNB (BNB)
$559.47 -1.77676
BNB price
Solana
Solana (SOL)
$137.77 -1.30437
Solana price
XRP
XRP (XRP)
$0.52735 0.47127
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 -2.28709
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000092 1.88275
Pepe price
Bonk
Bonk (BONK)
$0.0000199 0.15547
Bonk price

Bitcoin miner reserves drop by $58m in four days 

News
Bitcoin miner reserves drop by $58m in four days 

On-chain data shows that bitcoin miners’ BTC reserves have dropped significantly in the past four days, with miners selling over 2,000 BTC worth $58 million.

According to CryptoQuant on-chain data posted on Twitter by crypto sleuth @ali_charts, bitcoin miners have sold their coins in the last four days, triggering a steep drop in their BTC reserves.

https://twitter.com/ali_charts/status/1652286145986715649

Bitcoin miners reportedly sold approximately 2,000 BTC valued at around $58 million in the past four days. 

Interestingly, the post has attracted mixed reactions from observers. Twitter user @jimmyvs24 argues that the drop in miners’ reserves may not necessarily result from massive selloffs, as miners-to-exchange transactions are at YTD lows. 

BTC price dips to $28,250 

Having hit a high of $31,000 for the first time in as many months on April 14, the price of bitcoin has been struggling to reenter that price region.

On April 24, the world’s flagship cryptocurrency temporarily crashed to as low as $26,942 before returning to hit the $30,036 area on April 26.

However, at the time of writing, bitcoin (BTC) is exchanging hands for $28,639.41, representing a 2.2% decline in the 24-hour timeframe, according to CoinGecko. 

Bitcoin miner reserves drop by $58m in four days  - 1
BTC 24-hour chart|Source: CoinGecko