News list for " sell pressure"

Glassnode's disclosure data shows that miners have historically been a major source of selling pressure, yet each halving event reduces their supply correlation. Net miner flows over the past 12 months show a general change in weekly total balances of around ± 500 BTC. Net deposits/withdrawals on centralized exchanges and net flows into wallets on the ETF chain typically see large fluctuations of ± 4000 BTC, data analytics results show: 1. The high selling pressure of miners is towards...

2024-07-20 21:57:48