The exchange of hands holding BTC continues‼️
- Yello, ladies and gentlemen????????!
????The big boys keep playing it well, keeping Bitcoin below the electricity and production cost of most retail miners.
????Day by Day, these individuals and smaller mining companies are losing money, and most of these miners’ revenue can’t meet the break-even point, so they have to cash out to cover expenses/loans.
????As you can see in the picture above, some mining pool participants from Poolin just sent another 5000 BTC (~$110M) to Binance, selling in losses, and the big boys continue buying from them cheaply.
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