Miners activity is increasing

Miners-activity-is-increasing

First let's check Miner Outflow definition:
Outflow Total The total amount of BTC transferred from the miner. 
Interpretation
✅By value itself
High : A lot of miners' coins are exposed to selling - Bearish  
Low : only a few of miners' coins are exposed to selling - Bullish  
✅By examining trend
Increasing : Miners' selling power is increasing - Bearish
Decreasing : Miners' selling power is decreasing - Bullish

Today I observed huge outflow from miner F2Pool wallet to Exchange. After this Bitcoin price was falling. Over 6k $BTC sent within 1 hour - it's the biggest transfer from January 2021. Miners activity is increasing which could be potential Bearish. 

Historical data  no guarantee of future results. Remember to risk management. 💡🧠💵