Around 98% of BTC sent from miners to Binance comes from the BTC.com mining pool. The behavior is clear in the chart:
🔹 When the Bitcoin price rises, BTC.com’s flow to Binance increases, signaling profit-taking by miners.
🔹 When the flow decreases, miners show confidence in the price, choosing to hold BTC instead of selling.
💡 What do the data tell us?
✅ BTC.com miners are highly strategic: they sell during price peaks and reduce flows during sustained bullish phases.
✅ The BTC.com flow to Binance has dropped sharply in recent months, even with Bitcoin above $100K.
✅ This may indicate expectations of new highs and less selling pressure from miners in the short term.
🌊 Stay alert! Miners are among the smartest players in the market. Watching their moves helps us understand where we are in the cycle.
Written by joaowedson
