IT Tech
Bitcoin miners reserves
Today I observed +3499 $BTC added to miner reserves. Let's take a look closer at this transaction. I checked each miner reserve and I found that transfer was to 'Poolin' miners. It was an internal transaction between miners? We can check this using chart: Bitcoin: Miner In-House Flow (Total) - All Miners (which shows The total amount of coins circulated within the affiliated miners' wallets.). +3526 $BTC was added exactly at the same time when reserves increased. So it's a high probability that was movement between miner's wallets. Anyway, this kind of movement is decreasing selling pressure from miners which is a good sign for the crypto market.