Whale Accumulation and Miner Capitulation Continue
Mega-whale wallets hit a 6-month high with $2.64B in spending and 43k BTC added over 60 days. Meanwhile, miner capitulation persists: hashrate decline 287 days, difficulty down ~20%, MARA sold 15k BTC. This divergence between smart money and distressed sellers remains a key dynamic.
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Updated Aug 20, 2026