BTC miner balance is again in the negative zone.

BTC-miner-balance-is-again-in-the-negative-zone

The percentage change (%) in the positions of BTC miners indicates that miners have again moved to reduce their reserves since August 08, 2022, and now their net balance is in the negative zone. At least in the short term, this alignment is not something good!

You may notice that in previous times when miners' balance was reduced, BTC tended to decline to free fall or range decline trading. The current situation requires closer attention to the miner flows.

P. S. I have colored the metric for better visualization and your convenience.