Bitcoin Miners Increase Selling Pressure CryptoQuant data reveals Bitcoin (BTC) miner selling volume has surged to its highest level since April, reaching approximately 16,000 BTC. This significant increase in miner outflows coincides with Bitcoin's recent price rally, suggesting miners are capitalizing on the higher prices to secure profits. BTC Flows into Exchanges as Price Rises A substantial portion of the BTC sold by miners has been deposited into cryptocurrency exchanges. This influx of BTC onto exchanges can potentially increase selling pressure and influence short-term price movements. Market observers are closely monitoring these miner activities to gauge their potential impact on Bitcoin's price trajectory. The increased selling could also represent miners reinvesting in their operations to remain competitive. ```

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