Bitcoin Demand Turns Negative as Major Holders Reduce Exposure

Bitcoin (BTC) holders are reducing exposure even as the asset recovers from a five-month losing streak. Lookonchain reported that Riot Platforms, one of the largest US-based Bitcoin miners, sold 500 BTC worth approximately $34 million. In a separate post, the on-chain tracker flagged that  Bitcoin treasury firm Empery Digital transferred its remaining 1,795 BTC to The post Bitcoin Demand Turns Negative as Major Holders Reduce Exposure appeared first on BeInCrypto.