Surge in Bitcoin Miner Outflows in January, Yet Limited Public Sales

In January, miner outflows reached 49,000 BTC in just two days, but public data indicates minimal capitulation in the market.

Recent on-chain analytics reveal that Bitcoin miners transferred close to 49,000 BTC within a mere 48-hour span in January. However, public reporting indicates that these significant outflows do not signify widespread capitulation among miners.