Home BlockchainBitcoin Miner Outflows Surge in January BTC, But Filings Show Steady Market

Bitcoin Miner Outflows Surge in January BTC, But Filings Show Steady Market

by CoinTelegraph
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Bitcoin miner outflows jumped to 28,605 BTC, worth about $1.8 billion, on Feb. 5, one of the largest single-day transfers since November 2024, as prices swung sharply during a volatile trading session.

Another 20,169 Bitcoin (BTC), worth about $1.4 billion, left miner-linked wallets on Feb. 6, according to data from CryptoQuant. The last comparable spike occurred on Nov. 12, 2024, when outflows reached 30,187 BTC.

The spike coincided with sharp price swings, with BTC trading at about $62,809 on Feb. 5…

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