Miners Dump Reserves Ahead of Halving – What's Next for Bitcoin (BTC)?

TL;DR Miners dump reserves ahead of halving: Bitcoin miners have been transferring large amounts of BTC to exchanges, possibly to raise capital. Record miner outflow on ETF launch day: On January 12, the second day of Bitcoin ETFs trading in the US, over $1 billion of BTC was moved from miner wallets to exchanges. Sent

TL;DR Miners dump reserves ahead of Bitcoin halving countdown: Bitcoin miners have been transferring large amounts of BTC to exchanges, possibly to raise capital. Record miner outflow on ETF launch day: On January 12, the second day of Bitcoin ETFs trading in the US, over $1 billion of BTC was moved from miner wallets to exchanges.