Ethereum World News
2020-05-09 15:58:22

Willy Woo: Exchanges To Outpace Miners as Sellers Of Bitcoin (BTC)

In brief: In a recent twitter thread, Willy Woo postulates that post-halving, miners will cease to be the largest sellers of Bitcoin. Crypto exchanges will lead in selling BTC collected as fees to convert into fiat. This is similar to how miners dump Bitcoin for fiat. Crypto exchanges offering futures trading have changed the selling dynamics of BTC. It is a long-held fact that Bitcoin miners are the largest sellers of BTC to convert their holdings into usable fiat that […]

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