PANews|Apr 28, 2026 03:08
[Analysis: Significant Decline in Bitcoin Miner Deposit Transactions Indicates Reduced Selling Pressure]
According to CryptoQuant analyst Arab Chain, the number of Bitcoin miner deposit transactions has recently seen a significant decline, with the current reading at approximately 8,138 transactions, one of the lowest levels in history. At the end of 2025, this figure once exceeded 100,000 transactions, reflecting a large influx of Bitcoin deposits by miners, typically associated with selling intentions or profit-taking. However, since the beginning of 2026, this metric has shown an overall downward trend, with peaks becoming less pronounced. The current selling pressure from Bitcoin miners has significantly eased, potentially providing additional support to the market. The decline in transaction numbers not only indicates a reduction in deposited amounts but also suggests a lower frequency of transfers to exchanges, reflecting more conservative behavior among miners.
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