🚀 Bitcoin Miners: The Little Guys in the Big BTC Pond! 🌊

New research from Glassnode's "The Week Onchain" reveals that Bitcoin miners aren't the big bad wolves of BTC price drops. 🐺💸

- **Exchanges & ETFs Rule**: Centralized exchanges and U.S. spot Bitcoin ETFs hold the most sway, with over 3 million BTC and 887,000 BTC respectively.

- **Miners' Impact**: Miners' wallets hold around 705,000 BTC, with weekly balance changes of just 500 BTC.

- **Market Movers**: Exchange and ETF balances can shift by 4,000 BTC weekly, making their influence 4-8x larger than miners.

What do you think? Are miners off the hook? Comment below! 💬👇