Bitcoin Miner Selling Still Elevated, On-Chain Data Shows

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… Continue reading Bitcoin Miner Selling Still Elevated, On-Chain Data Shows

Bitcoin MPI Crossover Could Suggest Bull Run Still On

On-chain data shows the Bitcoin Miners’ Position Index (MPI) has recently formed a crossover that has historically been bullish for the asset’s price. Bitcoin MPI Has Seen Its 90-Day MA Cross Above The 365-Day As explained by an analyst in a CryptoQuant Quicktake MPI” refers to an on-chain metric that keeps track of the ratio… Continue reading Bitcoin MPI Crossover Could Suggest Bull Run Still On

Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts

Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price mark. Amid this movement, the market seems to be witnessing a notable trend among miners as they grapple with the effects of rising values and selling pressure. shed light on the challenges facing Bitcoin… Continue reading Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts

Bitcoin Miners Now In Selling Mode For A Year: Should You Be Concerned?

On-chain data shows that Bitcoin miners have been selling for around a year now. Here’s how much they have sold so far. Bitcoin Miners Have Shed Over 4% Of Their Holdings In Past Year As pointed out by CryptoQuant community analyst Maartunn in a new miner reserve,” which keeps track of the total amount of… Continue reading Bitcoin Miners Now In Selling Mode For A Year: Should You Be Concerned?

Bitcoin Miners Move 85,503 BTC, Price Unaffected – Here’s Why

From attaining a six-figure market price to a sudden market crash, Bitcoin has remained the major headliner in the crypto market over the past week. Among these rapid developments on the largest digital asset, blockchain analytics company Santiment has observed a massive decline in mining balance. Bitcoin Miners Offload 85,503 BTC In 48 Hours On… Continue reading Bitcoin Miners Move 85,503 BTC, Price Unaffected – Here’s Why

Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals

The founder and CEO of the on-chain analytics firm CryptoQuant has explained where the peak Bitcoin market cap lies based on the current hashrate. Bitcoin Ceiling Could Lie At This Level Based On Network Hashrate In a new post on X, CryptoQuant founder and CEO Ki Young Ju discussed a BTC pricing model that puts… Continue reading Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals

Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?

On-chain data shows the Bitcoin Hashrate has seen a setback recently, a potential indication that miners may not believe the asset’s run would last. Bitcoin Mining Hashrate Has Declined Since Its All-Time High The “Hashrate” refers to a metric that keeps track of the miners’ total computing power currently attached to the Bitcoin network. This… Continue reading Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?

Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?

Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could… Continue reading Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?

Bitcoin Investors Watch Out: Miners Showing Unusual Exchange Inflow Activity

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… Continue reading Bitcoin Investors Watch Out: Miners Showing Unusual Exchange Inflow Activity

Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue?

On-chain data shows the Bitcoin miner exchange inflows have been dropping recently, a sign that may be bullish for the asset’s price. Bitcoin Miner Exchange Inflow Has Been Declining Recently As explained by CryptoQuant author Axel Adler Jr in a newExchange inflows” here naturally refer to transactions heading to wallets attached to centralized exchanges from… Continue reading Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue?