Analysis: Bitcoin miners and whales sell off during uptrend or signal 'local peak'

Odaily Planet Daily News: CoinDesk analyst Sam Reynolds wrote that BTC's rise to historical highs triggered the largest miner sell-off since April, with 16000 BTC transferred to the exchange. Data shows that on July 15th last week, the inflow of Bitcoin on the exchange rose to 81000 BTC, the highest daily inflow since February, mainly driven by whales and miners: the transfer volume of 100 BTC and above jumped from 13000 BTC to 58000 BTC, while the outflow of miners reached 16000 BTC, almost all of which were directly deposited into the exchange. Ethereum also showed a similar pattern, with approximately 2 million ETH flowing into the exchange on July 16th, setting the highest daily inflow since the end of February. （CoinDesk）