Bitcoin Miners To Exchange Flow Taps 7-Month High As The Crypto Winter Gets Colder

Na ZyCrypto - 1 tau ki muri - Wā Pānui: 2 meneti

Bitcoin Miners To Exchange Flow Taps 7-Month High As The Crypto Winter Gets Colder

The ongoing crypto winter seems to have caught up with Bitcoin miners as they are now sending a ton of coins to exchanges.

This week, Glassnode’s Bitcoin Miners to Exchange Flow chart showed that the outflow of Bitcoin from miner-held wallets into exchange-held wallets reached a seven-month high of 9,476 BTC. 

I nga wa o mua, ko te pikinga o te maha o nga moni e tukuna ana ki nga whakawhitinga mai i nga putea maina e whakaatu ana kei te mataku nga kaikeri ki te ngaro o ratou utu maina me nga hua maina me te hiahia ki te hoko. I te nuinga o te waa e tohu ana i nga whakaaro o te maakete - I tenei keehi, ka kaha tonu nga kaihoko ki te maakete.

Te Putea Miner I Te Paheketanga

This development comes in the wake of Bitcoinko te maina paheketanga hua neke atu i te 75% mai i ona taumata teitei, me te heke o nga hua i te wa e piki haere ana nga utu whakaputa.

On Friday, Glassnode shared the “Bitcoin Puel Multiple Chart”- a metric that quantifies the profitability of the market from the miners’ perspective. In the stages of a prolonged bear market, the Puell Multiple plunges to the sub-0.5 zone. This metric is currently sitting at 0.39 after entering the capitulation range. 

I muri mai, koinei te taumata iti rawa mai i te tukinga o Whiringa-a-rangi 2018 me te tohu kei te whiwhi moni nga kaikeri i tenei wa ko te 39% noa o te moni whiwhinga USD 1 tau. Ko te tikanga he nui ake te utu ki te maina i ia moni me te USD, ka heke tonu te utu karekau, ka tohu pea i te whakahekenga maina. 

Nga Ngaronga Kua Paopao ki nga Rerenga Hou

Elsewhere, BTC’s increased realized losses continue to drive the market lower with the risk of insolvency by key players gradually unfolding. Last week, Bitcoin investors locked in the largest USD-denominated Realized Loss in history. This week, the BTC spent on-chain realized net losses of over $4.23B, eclipsing all major sell-offs in 2021 and 2020.

I runga i nga raraunga onchain, kei te noho tonu nga kaipupuri mo te wa roa te pupuri i te nui rawa atu o nga mate kaore ano kia tutuki. Kei te whakapau moni ano tenei rota me te utu nui ake engari he iti noa te whai hua ka whakaritea ki nga kaipupuri mo te wa poto. I nga maakete pea o mua, kua tohu tenei i te timatanga "o te waahi horoi whakamutunga o nga toenga kaihoko," i mua i te kitenga o te maakete he raro whakamutunga i runga i nga korero o mua.

E ai ki tera, i muri i te takahi i te tikanga mo te wa tuatahi i roto i te hitori ma te haere ki raro i nga huringa o mua 'i nga wa katoa, ka kitea tonu mena ka heke te BTC 80-90% mai i te tihi o Noema. I te wa e tuhi ana, kei te hokohoko a BTC i te $21,397 i muri i te 3% te pikinga i roto i nga haora 24 kua hipa e ai ki nga raraunga mai i CoinGecko.

I tenei wa, kua heke te uara o te moni i te 71% mai i tona teitei o te $69,044 me etahi atu hekenga e whakawehi ana ki te pupuri i te utu ki roto i te rohe 2017 mo nga marama 8-24 e whai ake nei e ai ki te ripoata tata a Glassnode.

Kuputuhi taketake: ZyCrypto