On-chain data shows the Bitcoin miners have continued to make large deposits to exchanges recently, a sign that could be bearish for BTC’s price. Bitcoin Miner Exchange Netflow Has Been Seeing Positive Spikes In a new netflow happening between miner-associated wallets and centralized exchanges. When the value of this metric is positive, it means the…
View More Bitcoin Miner Selling Still Elevated, On-Chain Data Shows
On-chain data shows the Bitcoin miners have been making an unusually high number of transactions to centralized exchanges recently. Bitcoin Miner To Exchange Transactions Metric Has Just Seen A Spike As pointed out by CryptoQuant author IT Tech in a new Miner to Exchange Transactions” keeps track of the total number of transfers that the…
View More Bitcoin Investors Watch Out: Miners Showing Unusual Exchange Inflow Activity