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via Decrypt · By Decrypt Editorial

Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy

BTC

BTC/USDT

$64,356.33

+0.24%

$64,356.33

+0.24%

(24s)

24h Volume

$4,935,189,275.36

24h H/L

$64,475.28 / $63,810.00

Change: $665.28 (1.04%)

Long/Short

65.6%

Long: 65.6%Short: 34.4%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

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▲ 0.45%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,425.89

Support 1$63,798.97

Support 2$61,824.97

Support 3$57,800.19

Pivot (PP):$64,562.78

Trend:Uptrend

RSI (14):50.9

Decrypt Editorial

(05:44 PM UTC)

1 min read

Approved byEmily Watson

972 views

0 comments

In brief

Poolin Technology filed for Chapter 11 bankruptcy on July 22.
The largest single debt, $163.7 million, is owed to about 11,700 users.
Thor CALAP LLC has placed a $52 million stalking-horse bid for Poolin's two West Texas mining sites, setting the floor for a court-supervised auction.

Poolin Technology Pte. Ltd., the Singapore-based company that once ran one of Bitcoin's largest mining…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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