CryptoQuant Research Director: Bitcoin Miner Capitulation Indicator Is Equivalent to December 2022 Levels
Julio Moreno, research director of CryptoQuant, posted on social media that data shows the Bitcoin miner surrender index has reached a level equivalent to December 2022: a drawdown of 7.6%. December 2022 marks the bottom of the cycle after the FTX crash.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s wide price range to continue, no longer a ‘long only’ bet
GOMBLE(GM) to be listed on Bitget Launchpool — lock BGB to share 15,454,000 GM!
Cardano Foundation Partners with PUC-Rio for Blockchain Research
Polychain and B2C2 deposited 5,700 ETH and 6,540 ETH respectively to exchanges in the past 24 hours
Trending news
MoreCrypto prices
More
