logo

Analysis: Bitcoin miners and whales selling during rally may signal a “local peak”

By: odaily.com|2025/07/21 02:11:42

Odaily News CoinDesk analyst Sam Reynolds wrote that BTCs rise to an all-time high triggered the largest miner sell-off since April, with 16,000 BTC transferred to exchanges. Data shows that last week on July 15, Bitcoin exchange inflows rose to 81,000 BTC, the highest single-day inflow since February, mainly driven by whales and miners: transfers of 100 BTC and above jumped from 13,000 BTC to 58,000 BTC, while miner outflows reached 16,000 BTC, almost all of which were directly deposited into exchanges. Ethereum also showed a similar pattern, with about 2 million ETH flowing into exchanges on July 16, the highest daily inflow since the end of February. (CoinDesk)

WBTC swapped for ETH in May Whales swapped back to WBTC, making a profit of about $1.364 million
Dolin Holdings strategically invests in RichLong Consultant to promote stablecoin application and business collaboration

You may also like

Share
copy

Gainers

Latest Crypto News

17:15

The probability of a 25 basis point interest rate cut by the Federal Reserve in December has risen to 82.9%.

16:45

BlackRock received 953 BTC and 15,722 ETH from Coinbase Prime

16:15

S&P Global: Lowers USDT's Dollar Pegging Capability to Lowest Level

16:15

Crypto Market Maker Portofino Technologies Hit by Wave of Employee Departures

16:15

Avail is launching the Nexus Mainnet, aiming to achieve cross-chain composability.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]