Bitcoin Miners Drive Unprecedented Selling Pressure in 2024, Sending Over $166 Billion to Exchanges

Bitcoin miners are exerting unprecedented selling pressure on the markets. According to blockchain analytics firm CryptoQuant, miners have offloaded more Bitcoin in 2023 and 2024 than ever before. CryptoQuant data reveals that miners sent a staggering $166.2 billion worth of Bitcoin to exchanges over the past few years, while pulling out only $48 billion, suggesting

Source: CoinOtag