Wu Blockchain (@WuBlockchain): As Bitcoin has fallen more than 40% from its roughly $126,000 peak in October last year, major mining companies holding more than $8 billion in BTC co…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-70Negative
As Bitcoin has fallen more than 40% from its roughly $126,000 peak in October last year, major mining companies holding more than $8 billion in BTC combined are showing signs of accelerating coin sales. Unlike previous downcycles, when sales were mainly used to cover operating costs, a larger share of proceeds this time is being directed toward a pivot to AI data center businesses. https://archive.md/CmDcR#selection-1271.0-1869.268