Friday, 29 October 2021

Big Miners and Holders Keep Accumulating Bitcoin: Kraken’s ‘Shocktober’ Report

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits, these being more prone to sell due to market movements. ‘Shocktober’ Report Paints a Bullish Panorama A new report issued by the intelligence division of the U.S.-based exchange Kraken suggests that mining operators and long-time holders are actively contributing to bitcoin’s rally this month. The report, called Shocktober,…

The post Big Miners and Holders Keep Accumulating Bitcoin: Kraken’s ‘Shocktober’ Report appeared first on Technology Manias.



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