Quick setting
- The total daily amount of Bitcoin transferred from miners to exchange wallets hit a two-year high yesterday.
- The transaction took place between the mining pool, Poolin and Binance.
- This does not necessarily mean that Bitcoin has been sold; it only means that it has been transferred.
- CryptoSlate has been monitoring Poolin since it experienced a liquidity crisis starting in September 2022.
- During this crisis, the overall balance of Poolin’s BTC wallets fell from 24,000 to 6,000.
- The pool jumped to 13,000 BTC last week and now sits at 10,000.
- Poolin experiences high volatility, and therefore CryptoSlate keep watching him closely.
Exchange miners: (Source: Glassnode)
Yesterday’s post saw the largest one-day Bitcoin transfer from miners to an exchange in two years appeared first on CryptoSlate.