CryptoQuant: This week, the transfer volume from Bitcoin mining pools to exchanges reached a two-month high
ChainCatcher news, according to Coindesk, a report from CryptoQuant shows that the transfer volume from Bitcoin mining pools to exchanges reached a two-month high this week. On June 10, miners sold at least 1200 BTC; on June 9, miners sent over 3000 BTC (209 million USD) to exchanges, most of which came from the btc.com mining pool to Binance. Bitcoin mining company Marathon Digital has sold 1400 BTC since the beginning of this month, worth nearly 100 million USD.
Miners' daily revenue is 35 million USD, down 55% from the peak of 78 million USD in March. The decrease in revenue can be attributed to the reduction in transaction fees after the halving.
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