60K BTC Absorbed But Miners Sell: Can BTC’s Rally Continue?
Bitcoin’s (BTC) early-January rally is unfolding against a mixed on-chain data backdrop, where strong accumulation demand is colliding with renewed miner distribution. Key takeaways: Bitcoin accumulator addresses added roughly 60,000 BTC in six days, ending a multi-month consolidation phase. Miners sent about 33,000 BTC to exchanges in early January, signaling reduced long-term holding. The wider...
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