BitcoinPuelMultiple went up to 0.96, with limited change in the currency held by miners

According to digital Asset, as at 22 August, the bitcoin Puell Multiple had risen to 0.96, up 0.2 per cent from a week earlier, with a single week ' s increase of about three months since May. Puell Multiple measures the relative historical level of miners ' income in relation to the daily value of bitcoin compared to its moving average of 365 days and is usually used to observe their profitability and market cycles. During the same period, bitcoin miners held approximately 1,1199,000 BTCs, an average of approximately 905 million TH/s in 7 days less than a week ago and an increase of about 10.14 million TH/s over a week ago. It shows that the balance of the Bitcoin network has continued to pick up in the recent past, while the overall change in currency holdings of miners is limited。