⚠️ 𝐀𝐫𝐤𝐡𝐚𝐦 𝐀𝐥𝐞𝐫𝐭: 𝐑𝐢𝐨𝐭 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬 𝐨𝐟𝐟𝐥𝐨𝐚𝐝𝐢𝐧𝐠 𝐁𝐓𝐂?
In April, Riot sold 475 $BTC for $38.8M, moving the exact amount to NYDIG.
👀 Today, they moved another $6.7M worth of BTC to NYDIG.
More selling on the horizon?
With short-term holders dumping 47K BTC and funding rates flipping negative, this could add to the pressure on #Bitcoin.
Keep your eyes on miner flows — they always move first.
