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Bitcoin Miner Outflows Hit Six-Year Highs Ahead of Halving, Sparking Mixed Signals

January 12, 2024
in Breaking
Reading Time: 1 min read
A A

 CryptoQuant data shows that miners are moving bitcoin to exchanges, likely because of a need to build more liquidity in anticipation of higher capital expenditures. CryptoQuant data shows that miners are moving bitcoin to exchanges, likely because of a need to build more liquidity in anticipation of higher capital expenditures. 

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Top 20 Coins
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SYMBOL
PRICE
1D%
1W%
TREND
BTC
$118,623.00
-3.97%
1.07%
62%
ETH
$4,604.09
-2.75%
18.10%
78%
XRP
$3.0947
-6.64%
-6.32%
53%
BNB
$842.33
-0.70%
7.22%
78%
SOL
$193.96
-4.79%
11.45%
74%
TRX
$0.3598
-0.96%
6.41%
80%
DOGE
$0.2257
-8.94%
1.78%
55%
ADA
$0.9207
-3.00%
16.46%
82%
HYPE
$46.9894
-1.08%
15.41%
88%
LINK
$22.3807
-7.01%
21.83%
62%
XLM
$0.4257
-8.16%
-5.72%
55%
SUI
$3.7832
-6.84%
0.36%
59%
BCH
$594.28
-4.43%
2.37%
71%
HBAR
$0.2505
-7.39%
-4.56%
52%
AVAX
$23.9290
-6.14%
2.48%
53%
LTC
$121.85
-7.93%
-0.69%
58%
TONCOIN
$3.4124
-3.88%
2.31%
48%
LEO
$9.3477
1.24%
4.58%
98%
SHIB
$0.0000
-7.73%
0.64%
38%
UNI
$11.0069
-9.37%
6.03%
60%
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