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Bitcoin miners flash another warning for BTC bulls
Jun 29, 2026
< 1 min read
by Hristina Vasileva
for CryptoPolitan
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AI Overview
Bitcoin miners increased BTC transfers to Binance after a wave of deposits in early June, signaling higher exchange flows that could translate to sell pressure. Despite a loss of profitability, miners are not showing capitulation, indicating resilience in miner holdings and continued supply risk for crypto prices.
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Bitcoin miners moved more BTC to Binance, after a wave of deposits in early June. Despite this, BTC miners are still not showing signs of capitulation, despite the loss of profitability.
