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Good morning everyone! Market analysis! Thank you all for your support!
Analysis: Bitcoin miners and Whales selling during the rise may indicate a "local peak." CoinDesk analyst Sam Reynolds pointed out that the rise of BTC to its historical high triggered the largest miner sell-off since April, with 16,000 BTC transferred to the exchange.
Data shows that on July 15, the inflow of Bitcoin to exchanges reached 81,000 BTC, marking the highest daily inflow since February, driven mainly by Whales and miners: the volume of transfers of 100 BTC or more surged from 13,000 BTC to 58,000 BTC, while miner outflows reached 16,000 BTC, almost all of which were deposited directly into exchanges.
Ethereum also showed a similar pattern, with approximately 2 million ETH flowing into exchanges on July 16, setting the highest daily inflow since the end of February.