CryptoQuant: Bitcoin reserves held by miners drop significantly ahead of halving
Based on the latest analysis from CryptoQuant, the amount of Bitcoin held by miners has significantly decreased before the halving, while the amount of Bitcoin transferred to exchanges has surged. Currently, the flow of Bitcoin from miners to exchanges is three times the opposite flow, indicating an increase in selling pressure from miners.
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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