🔥 Miners are selling their #Bitcoin through trading channels #OTC . In the last two months, the total amount of Bitcoin they sold through these channels is 71,000 BTC.
The amount of Bitcoin outstanding at OTC exchanges is increasing. This may indicate that miners are selling more Bitcoin than there is demand for Bitcoin in the current market.
In other words, Bitcoin supply is exceeding demand, which will likely put pressure on Bitcoin prices in the near term if this situation continues.
