The Glassnode chart shared by the CIO of Moskovski Capital shows that the Total Transfer BTC Volume from miners (7-day MA) has plummeted to a five-year low level.
Thus, crypto miners prefer to hold their Bitcoin, not sell it so far. Previously, as reported by U.Today, the CryptoQuant CEO Ki Young Ju shared data similar to this.
He specified that miners’ selling activity has been in decline since around March this year