Bitcoin miners are again under pressure. A recent analysis published by CryptoQuant’s analyst Darkfost shows that the return of BTC’s price to the $60,000 area has been accompanied by a significant increase in currency shipments from miners’ wallets to Binance, a behaviour that historically tends to be associated with higher market sales. Although these transfers do not guarantee immediate settlement, they do represent an important signal for in…
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Bitcoin miners are again under pressure. A recent analysis published by CryptoQuant’s analyst Darkfost shows that the return of BTC’s price to the $60,000 area has been accompanied by a significant increase in currency shipments from miners’ wallets to Binance, a behaviour that historically tends to be associated with higher market sales. Although these transfers do not guarantee immediate settlement, they do represent an important signal for in…