Bitcoin (BTC) witnessed a moderate sale yesterday, as it reached a minimum daily level of $ 100,372 on Binance Crypto Exchange. However, modern data indicates that the decline in prices may continue, as BTC miners continue to transport coins to exchanges at unprecedented levels.
Mines from Bitcoin miners achieved the record number
According to Cryptoquant Quicktake Post recently by the shareholder Cryptoonchain, the total flow of Bitcoin miners increased to exchanges to its highest historical levels. This rise may contribute to stumbling the last price of the 100,000 dollar range.
For beginners, the total flow of miners investigating in Bitcoin is measured by the actual quantity of BTC, which mines from their portfolios moved to the exchange of cryptocurrencies. Usually, a sharp rise in this scale indicates that miners sell more of their holdings, which may increase the supply in the market and potentially lead to low prices.
Cryptoonchain shared the next plan that shows the flows of miners that exceed one billion dollars per day between May 19 and May 28, 2025. If this trend continues, BTC may face a deeper correction, and may fall within a range of less than $ 90,000.
A similar trend was observed earlier this year in January when BTC was in the midst of a historic gathering, creating many high levels at all (ATH) in a quick sequence. At that time, BTC mines Discharge Nearly 140,000 coins for about 13.72 billion dollars.
Meanwhile, experienced encryption analyst Ali Martinez pointed to another declining signal. In the X Publication, he pointed out that the percentage of the market value of Bitcoin to the achieved value (MVRV) has decreased to less than 200 days moving average (SMA)-a sign that may lead to further pressure pressure.
When the MVRV percentage decreases from SMA for 200 days, it indicates that the average participant in the market maintains Bitcoin with a loss or near a tie. This often indicates the volatile emotions or reduce value, which can lead to more sale among young investors.
BTC holders are optimistic with caution
In addition to the increasing uncertainty, the general dispute of yesterday between US President Donald Trump and Eileon Musk has failed the market morale. Some analysts now Predispay BTC can decrease to $ 96,000.
ANUP Zeddi colleague has made similar expectations. The analyst recently I mentioned As long as BTC remains less than $ 107,000, its chances of more accidents will remain high.
However, there are still reasons for cautious optimism. Modern data on the series shows that the new Bitcoin whales are strong accumulation The origin is, which enhances the possibility of exhibition pressures in the future. At the time of the press, BTC is trading at 104,963 dollars, an increase of 0.2 % over the past 24 hours.
Distinctive image from Unsplash.com, charts from Cryptoquant, X, and TradingView.com
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