🪙 Glassnode: Bitcoin miners sent $70 million to exchanges in a week

Between June 5 and 11, miners sent digital gold worth $70.8 million to exchanges, Glassnode analysts reported.

According to experts, this is the third largest influx of the first cryptocurrency ever. The peak value of $101 million was recorded during the 2021 bull market.
According to a CryptoQuant report seen by The Block, bitcoin reserves on US crypto exchanges have fallen below 50% to 2017 levels. The dominance of the first cryptocurrency in the volume of spot trading in the country has decreased to 21%.

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