Bitcoin Miners Net Position Turns Positive - Bullish News For Crypto
bitcoinist.com/bitcoin-miners-net-position-tu...
bitcoinist.comPosted Mar 1, 2021, 2:37 AM UTC
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bitcoinist.com[deleted]
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tldr; For the first time since late December of last year, Bitcoin miners’ net position change has reverted back to positive. Some analysts have seen this renewed accumulation by miners as a bullish indicator, citing that the recent selling pressure may subside. Historically, there has been little correlation between Bitcoin price and miner behavior.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Interesting. I would have thought that it had been positive for a while now.
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Hoping for miners to go green tomorrow because of this!!
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This is from pools other than F2Pool? I thought F2Pool sold big chunks of BTC last weeks and it would make no sense to buy them back? Unless they actually did at a lower price tho...
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New ath this week!!! My tea leaves dont lie
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Could someone explain to me what does this actually means ?
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Where can I find the live indicator of this?
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Better TLDR: miner behavior not correlated to BTC price up until last year