Cryptocurrency Q&A How much BTC did bitcoin miners transfer over the past week?

How much BTC did bitcoin miners transfer over the past week?

WhisperInfinity WhisperInfinity Wed Jul 03 2024 | 5 answers 823
Could you please elaborate on the volume of Bitcoin (BTC) transferred by miners in the past week? I'm particularly interested in understanding the scale of these transfers, whether they have been consistent or if there were any significant fluctuations. Additionally, if there are any patterns or trends in the miner transactions that you've observed, I'd appreciate your insights. This information would help me gauge the activity and sentiment among miners in the current market environment. How much BTC did bitcoin miners transfer over the past week?

5 answers

CryptoProphet CryptoProphet Fri Jul 05 2024
This chart, which tracks the amount of Bitcoin transferred by miners to exchanges, indicated that the exchange flow has reached a 5-year high.

Was this helpful?

161
68
lucas_clark_artist lucas_clark_artist Fri Jul 05 2024
Remarkably, the exchange flow stood at 55.068 BTC, surpassing any previous point in the past five years.

Was this helpful?

163
71
SamuraiHonor SamuraiHonor Fri Jul 05 2024
Among the various cryptocurrency exchanges available, BTCC, a UK-based platform, has emerged as a popular choice for miners. BTCC offers a comprehensive range of services, including spot trading, futures contracts, and secure wallet solutions.

Was this helpful?

180
79
MoonlitCharm MoonlitCharm Fri Jul 05 2024
According to the latest data released by Glassnode, Bitcoin miners have displayed unprecedented activity in the past week.

Was this helpful?

76
64
CryptoElite CryptoElite Fri Jul 05 2024
Specifically, the blockchain analytics firm revealed that the 7-day moving average hourly chart for BTC miners has hit a significant milestone.

Was this helpful?

243
67

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users