BTC.com Mining Pool Drives 98% of Bitcoin Miner Flows to Binance

BTC.com Dominates Miner Flows to Binance as Miners Hold for Higher Prices Amid Seasonal Trends

BTC.com Miners Are Holding—And That Might Mean Something Right now, almost every Bitcoin moving from miners to Binance is coming from one place: BTC.com. According to CryptoQuant, the mining pool makes up a staggering 98% of those transfers. That’s unusual, and it’s worth paying attention to. Miners aren’t just passive players. They tend to sell when prices peak, cashing in at the right moment. But lately, even with Bitcoin hovering above $100K,…

BTC.com Mining Pool Drives 98% of Bitcoin Miner Flows to Binance

The BTC.com mining pool currently dominates miner flows to Binance, as it now accounts for nearly 98% of all BTC transfers from miners to the exchange. This trend provides critical insight into miner behavior, according to the latest report by CryptoQuant. Bitcoin Miners Show Patience Historically, BTC.com increases its outflows to Binance when Bitcoin’s price rises, indicating strategic profit-taking at local tops. On the other hand, when flows…

Binance Bitcoin Inflows Crash to Cycle Lows as Bulls Tighten Grip

“Binance Bitcoin inflows” have slumped to only 5,700 BTC in June, their weakest reading since early 2020. The slide is less than half the 12,000 BTC four-year average and barely a quarter of the 24,000 BTC panic high registered during the FTX collapse. For traders watching the Bitcoin exchange reserve trend, the sudden drought in deposits raises a big question: is this a bullish supply squeeze or a red flag for liquidity? Historical Context: Fro…