📉 Since November 2024, Bitcoin’s exchange inflows and miner outflows have significantly dropped, easing selling pressure in the market.
🔍 According to CryptoQuant, BTC exchange inflows peaked at 98,748 BTC on November 25, following two months of high inflow activity.
📊 In December 2024, inflows declined but remained notable, ranging from 11,000 to 79,000 BTC daily.
💼 The reduced inflows align with decreased miner outflows, indicating less sell pressure from miners, who often sell BTC to cover operational costs. Miner outflows peaked at 25,367 BTC on November 11, amid Bitcoin’s historic price surge to $88,000.
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