Bitcoin Miner Inflows To Exchanges Reach 2021 Levels As Bear Trend Persists

Bitcoin miners are now taking advantage of the recent price increase as they have begun to send massive amounts of BTC to centralized exchanges. While this is not new as miners tend to sell BTC to fund their operations, the sheer volume that is being moved to exchanges is what is alarming.
Bitcoin Miners Send Over $70 Million To Exchanges
In a recent development reported by on-chain data aggregator Glassnode, Bitcoin miners are moving massive amounts of BTC to exchange. In the last week alone, t