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Bitcoin miners' reserves have hit a 3-year low, with the total holdings now down to 1,510,300 BTC — a 2.4% decrease from the peak in December 2020. 📉

Currently, these BTC assets are valued at around $86 billion, representing roughly 8% of all Bitcoin in circulation.

Additionally, Bitcoin miners are facing record-low profitability.

Crypto news

🐳 Another ancient Bitcoin wallet containing a fortune (by today's standards) has awakened from its slumber.

The funds hadn't moved for 12 years—since 2012!

And what's on it is no small amount—37 BTC (worth $2.5 million at today's rate). Back in 2012, it was only $476! 🙀

Now that's what I call willpower! 💪

Crypto news

FTX to pay creditors $12.7 bln as part of agreement with CFTC

The bankrupt cryptocurrency exchange FTX has agreed with the regulator to pay $12.7 billion to its customers.

The CFTC itself will not receive any funds if FTX executes its reorganization plan.

Crypto news