{"id":82067,"date":"2022-07-19T01:21:54","date_gmt":"2022-07-19T05:21:54","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82067"},"modified":"2022-07-19T01:00:13","modified_gmt":"2022-07-19T05:00:13","slug":"crypto-miners-moved-over-300-million-of-bitcoin-in-one-day-and-some-are-dropping-out-altogether","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2022\/crypto-miners-moved-over-300-million-of-bitcoin-in-one-day-and-some-are-dropping-out-altogether.html","title":{"rendered":"Crypto miners moved over $300 million of bitcoin in one day, and some are dropping out altogether"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/cryptoquant.com\/quicktake\/62d28e96fd57d20d3257110f-Be-careful-with-Miners-movement\" target=\"_blank\">New data<\/a> from blockchain analytics firm CryptoQuant shows that miners are rapidly exiting their bitcoin positions. 14,000 bitcoin, worth more than $300 million at its current price, was transferred out of wallets belonging to miners in a <a rel=\"noreferrer noopener\" href=\"https:\/\/cryptoquant.com\/quicktake\/62d28e96fd57d20d3257110f-Be-careful-with-Miners-movement\" target=\"_blank\">single 24-hour period at the end of last week<\/a> \u2014 and in the last few weeks, miners have offloaded the largest amount of bitcoin since Jan. 2021. <a href=\"https:\/\/www.cnbc.com\/2022\/07\/06\/underwater-bitcoin-miners-are-turning-up-the-selling-pressure-on-crypto.html\">The phenomenon is called \u201cminer capitulation,\u201d<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/07\/18\/crypto-miners-moved-over-300-million-of-bitcoin-in-one-day.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) New data from blockchain analytics firm CryptoQuant shows that miners are rapidly exiting their bitcoin positions. 14,000 bitcoin, worth more than $300 million at its current price, was transferred out of wallets belonging to miners in a single 24-hour [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82067","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82067"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82067\/revisions"}],"predecessor-version":[{"id":82068,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82067\/revisions\/82068"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}