Bitcoin Miners Profit from Rally
This is a news story, published by CoinGape, that relates primarily to Marathon Digital news.
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recent price surgeCoinGape
•Bitcoin miners cash out on fresh rally to all-time high with strong exchange deposits
55% Informative
Bitcoin miners seem to cash out on fresh BTC rally to all-time high with strong exchange deposits.
With traders' unrealized profit margins at elevated levels of 47% , chances of BTC correction increase.
Bitcoin mining stocks like Marathon Digital , Riot Platforms, and CleanSpark saw a decline of 12-15% on Wednesday .
Bitcoin miners have offloaded nearly 25,000 BTC holdings as part of their profit-booking amid the recent rally.
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