CryptoQuant Research Director: Bitcoin miner surrender index is comparable to the level of December 2022
Julio Moreno, the research director at CryptoQuant, posted on X stating that data shows the Bitcoin miner surrender index has reached a level equivalent to December 2022: a drawdown of 7.6%. December 2022 marked the bottom of the cycle after FTX's 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.
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