Bitcoin Miners Cashing In: What You Need to Know Before It’s Too Late! 💰🚀

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  • In the wild world of Bitcoin, withdrawals from trading platforms signal a growing love affair with the digital gold.
  • Keep your eyes peeled on the long-term MVRV ratio and its moving average crossover—it’s like watching paint dry, but with more drama.

Ah, Bitcoin [BTC], that fickle friend, hardly flinched as miners decided to sell off their treasures, all while it danced to a new all-time high. Despite the steady demand, the multi-year MVRV trend might just be the canary in the coal mine for those holding onto their precious coins.

In a post on X, our crypto sage Axel Adler Jr. noted that Bitcoin miners had suddenly decided to play the market, stepping up their sales to exchanges like kids at a candy store.

Throughout 2025, the miner exchange netflow had been a modest 25 BTC a day, until recently when it doubled to a staggering 50 BTC a day. Talk about a sudden growth spurt! The netflow metric even flirted with historical highs of 100 BTC or more a day. Who knew miners could be so generous?

While we may not be reaching those extremes just yet, the selling from miners has certainly picked up speed. The exchange reserves are dwindling, and the miner inflows are like a leaky faucet—no match for the outflows. This suggests that the supply being sold is being gobbled up by the insatiable demand for Bitcoin.

In another post on X (formerly Twitter, because who needs a name that makes sense?), our analyst friend pointed out that the Bitcoin stash held in over-the-counter (OTC) trading platforms has been on a diet since 2021.

Currently, OTCs are holding onto just a quarter of the Bitcoin they had back in September 2021. Talk about a weight loss program!

As the steady rate of withdrawal might slow down and even reverse during or after a cycle top, it gives OTCs a chance to reload during the bear market. Because who doesn’t love a good comeback story?

Bitcoin is set to see a strong uptrend soon

CryptoQuant analyst Burak Kesmeci, in a moment of clarity, remarked that the MVRV ratio had crossed above its 365-day moving average. If the weekly close holds, we might just be in for a wild ride in the coming weeks. Historically, this crossover has been followed by price rallies faster than a cat on a hot tin roof.

Yet, the MVRV ratio is in a multi-year downtrend. With the rising market cap and adoption, explosive MVRV moves are about as likely as finding a needle in a haystack. So, when the MVRV gets close to 2.7-3, it might be time for holders to consider a graceful exit from the market.

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2025-05-28 23:38