Bitcoin Bearish Signal: Miners Continue To Sell

On-chain data shows that Bitcoin miners have continued to sell recently, a sign that can be bearish for the price of the cryptocurrency.
Bitcoin Miner Reserve Has Been Going Down Since Rally Started
As an analyst in a CryptoQuant post pointed out, BTC miners have continued to shave coins off their reserve recently. The “miner reserve” is an indicator that measures the total amount of Bitcoin that all miners are holding in their wallets currently.
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