New Investors Led Crypto Selloff Last Week, Miners Had Limited Effect

Bitcoin (BTC) miners did send more BTC to exchanges at the end of last week, but so did others, according to Phillip Gradwell, Chief Economist at on-chain analytics and intelligence firm Chainalysis, which suggests that miners did not drive further price declines. Meanwhile, most of the BTC and ethereum (ETH) sellers in the "awful" past week were recent