Bitcoin Miner Selling Is Being Absorbed: Signal of Market Strength

According to a recent report by CryptoQuant, shared by analyst PelinayPA, Bitcoin is showing a notable sign of resilience: miner selling pressure is being consistently absorbed by large buyers. Miner Flows Are Rising, but Price Keeps Climbing On-chain data shows an increase in miner-to-exchange flows, particularly to Binance. source: https://www.ethnews.com/bitcoin-miner-selling-is-being-absorbed-signal-of-market-strength/