Miners Sent 19,866 BTC to Binance as Holders Realized $5.1B in Profit
- —Miner-to-Binance flow reached 19,866 BTC on September 21, near the 20,000 BTC mark
- —The reading topped 25,000 BTC in late August
- —Net realized profit over seven days hit $5.1 billion
- —Spot Bitcoin ETFs drew $999 million on the day of the miner spike
Why it matters: Rising miner supply and profit-taking could cap BTC's upside, though ETF inflows are so far offsetting the pressure.
Source: CryptoPotato