Cryptocurrency

Top public Bitcoin mining holdings – 2022 review

CryptoSlate analyzed the top nine Bitcoin mining holdings.

As 2022 began, bitcoin holdings and production increased as Asics looked for new homes as companies took on cheap debt in 2021.

Public mining company Bitcoin Holdings / Source: Glassnode

BTC holdings peaked in May. Summers of stress, however, saw a variance as energy costs increased.

Distribution in late 2022 was the name of the game. However, less than 60,000 #Bitcoins were sent to exchanges in 2022.

2023 began with the least selling pressure from miners in three years, with only 88 bits (7DMA) of Bitcoin sent to exchanges.

Bitcoin: Amount Transferred from Miners to Exchanges [BTC] - All exchanges (7 days moving average)
Bitcoin: Miner to Exchange Transfers – All Exchanges (7 Days Moving Average) / Source: Glassnode

The post Top public Bitcoin mining Holdings – 2022 review was first published on CryptoSlate.

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