Analysis: Miners have not sold Bitcoin on a large scale recently

According to Coinpost news, although the recent decline in the hash power of the new crown virus and Bitcoin, the share of BTC balance held by miners has decreased, but it has not reached the level of risk. This means that major miners have not conducted a large-scale selling recently. In addition, from the mining machine price chart, it can be seen that miners using high-performance mining machines can still continue to make profits at the price of $ 3,600 to $ 5,700. Given the changes in market supply and demand in the future, potential miners may be reluctant to sell bitcoin at a low price.