New Bitcoin whales have been emerging as $BTC is plunging. Intotheblock santimentfeed
This is the second large negative adjustment since this year began and the fifth adjustment of mining difficulty for Bitcoin this year overall. Mining difficulty tends to drop when the crypto market reverses downward. Miners are forced to switch off their gear as they cannot break even or make a profit any more.Santiment analytics company has reported that, this year, many large Bitcoin wallets have emerged.
As for bigger ones, which store more than 10,000 Bitcoins, their amount has increased since February started.
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