Bitcoin HODLers withdraw historic amounts of BTC from exchanges Miners continue to feel the pressure amidst the FUD The mistrust in exchanges has continued unabated ever since the FTX collapse. Now, in an unprecedented move, many BTC HODLers have started withdrawing huge amounts of Bitcoin out of their exchange wallets. Read Bitcoin’s [BTC] Price Prediction […]
Miners also seemed to be in panic mode, as miner balance declined over the past week. With hash price at
, things could get difficult for them in the long run. Miners may have to sell their BTC to make a profit, which might affect the price of BTC in the future.’s volume also witnessed a decline over the past few days, as can be seen from the image below. Since 9 November, the volume depreciated from 125 billion to 39 billion at the time of writing.HODLers could make a profit.
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