Hi, I’m relatively new here, so this could be a rookie question. Regarding the metric showing that miner transfers to exchanges decreasing, could this mean the miners expect a higher BTC price in the near term, so they are holding off transferring until that higher price? Kind of like a farmer who holds their grain, knowing they can make more at a future price.
Hi, I’m relatively new here, so this could be a rookie question. Regarding the metric showing that miner transfers to exchanges decreasing, could this mean the miners expect a higher BTC price in the near term, so they are holding off transferring until that higher price? Kind of like a farmer who holds their grain, knowing they can make more at a future price.