According to Young Ju, he has seen no significant Bitcoin on-chain activities in the last seven days, which shows the lack of liquidity and trading volume on the market. While the absence of volatility can be a painful thing to watch and experience, some investors might be happy to hold a relatively stable asset.
The only notable data that we saw previously was the distribution of funds on miner-related wallets and rising selling activities. The main source of selling pressure that comes from miners is the price of Bitcoin that does not allow them to keep mining operations
Source: Digital Coin News (digitalcoinnews.net)
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