Crypto Miners Moved $300 Million Bitcoin From Wallets

Published by
The Street

By Ellen Chang Bitcoin miners see biggest single-day movement of coins in more than a year. Cryptocurrency miners have moved bitcoin out of their wallets, as much as 14,000 bitcoin that were valued at $300 million within a 24-hour period. Miners exited their bitcoin positions as the value of numerous digital currencies fell during the past few months. The cryptocurrency market has lost over $2 trillion as of early July since it peaked at $3 trillion last November. The crypto market is valued at $1.1 trillion on Tuesday, a 3.2% increase, according to data firm CoinGecko. Bitcoin rose on Tuesday…

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