Bitcoin miners just moved $5.6B to exchanges under AI escape plan
NegativeCryptocurrency

Bitcoin miners are facing significant challenges as they move $5.6 billion worth of Bitcoin to exchanges, indicating growing sell pressure amid a $19 billion market downturn. This shift, highlighted by data from CryptoQuant, shows that between October 9 and 15, miners transferred 51,000 BTC, raising concerns about the sustainability of their operations. This situation matters because it reflects broader market instability and could impact Bitcoin's price and the overall cryptocurrency landscape.
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