Bitcoin miners send less BTC to exchanges since 2020 halving despite FTX
1 min read
Bitcoin (
The Hash Ribbons indicator, which is specifically designed to track miner capitulation, has been out of its red zone since then.
So far, nothing has managed to force a return to mass exiting by miners. This may yet change, as the latest Hash Ribbons chart data shows hash rate tendencies flattening out after several months of growth.
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