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Bitcoin Faces Supply Pressure as Miners Move $1.87 Billion to Exchanges
Bitcoin ($BTC) is presenting a noteworthy warning signal based on the on-chain dynamics. In this respect, the miner-to-exchange realized inflows metric has jumped to its all-time high, indicating huge caution. As per the data from CryptoOnhain, a well-known analyst on CryptoQuant, this development signifies wider $BTC offloading by miners amid the historically peak cost bases. Hence, the development reflects either a massive financial pressure or precise profit-taking. tweet In line with the market data, the surge of “Realized Miner Inflow to Exchanges” indicator to all-time high is an alarming development. The ... (full story)
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