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

Minn ZyCrypto - 1 sena ilu - Ħin tal-Qari: 2 minuti

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. 

Storikament, żieda fin-numru ta 'muniti li jintbagħtu lill-iskambji minn kartieri tal-minjieri normalment turi li l-minaturi jibżgħu li jitilfu l-premjijiet u l-profitti tal-minjieri li jkunu qalgħu iebes u jridu jbigħu. Normalment ukoll jindika s-sentiment ġenerali tas-suq - F'dan il-każ, il-bejjiegħa għad għandhom qabda qawwija fis-suq.

Il-Profitabbiltà tal-Minatur fit-Tnaqqis

This development comes in the wake of Bitcointal-minjieri il-profittabbiltà qed tonqos b'aktar minn 75% mill-ogħla livelli tagħha, bid-dħul jonqos filwaqt li l-ispiża tal-produzzjoni tiżdied.

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. 

Sussegwentement, dan huwa l-aktar livell baxx mill-ħabta ta 'Novembru 2018 u jindika li l-minaturi bħalissa qed jaqilgħu biss 39% tad-dħul medju USD ta' sena. Dan ifisser li huwa aktar għali li minjiera kull munita b'USD, il-premju denominat kompla jonqos u jista 'jindika kapitulazzjoni tal-minaturi li deħlin. 

Telf Realizzat Tektek Għoli friski

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.

Ibbażat fuq data onchain, detenturi fit-tul huma bħalissa li żżomm l-akbar ammont ta’ telf mhux realizzat. Dan il-lott qed jonfoq ukoll muniti b'bażi ​​ta 'spejjeż ogħla iżda bilkemm profittabbli meta mqabbla ma' detenturi għal żmien qasir. Fis-swieq bears tal-passat, dan indika l-bidu "tal-fażi finali tal-ħasil tal-bejjiegħa kollha li fadal", qabel is-suq isib qiegħ finali ibbażata fuq data storika.

Cela dit, wara li kisret in-norma għall-ewwel darba fl-istorja billi niżlet taħt l-ogħla livell taċ-ċikli preċedenti, għad irid jara jekk il-BTC jonqosx 80-90% mill-quċċata ta 'Novembru. Mill-kitba, BTC qed jinnegozja għal $ 21,397 wara żieda ta '3% fl-aħħar 24 siegħa skond dejta minn CoinGecko.

S'issa, il-valur tal-munita naqas b'71% mill-ogħla livell tiegħu ta '$ 69,044 bi kwalunkwe tnaqqis ulterjuri jhedded li jżomm il-prezz maqbud fit-territorju 2017 għat-8-24 xhur li ġejjin skond rapport reċenti minn Glassnode.

Sors oriġinali: ZyCrypto