In the upcoming period, transfers made by miners to exchanges are dominated by Ethereum. Especially, miners prefer ETH to provide liquidity.
Recorded data shows that these transfers occasionally reach levels exceeding 100 million dollars. The simple meaning of this is: miners largely meet their liquidity needs through Ethereum.
What is behind the high preference for ETH? Factors such as liquidity concentration, price stability, and trading volume influence miners' choices. Currently, ETH transfers continue to be one of the most important market influencers.
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ChainComedian
· 12-17 15:49
Miners are frantically selling ETH. Are they really going to sell all the way down this time?
A $100 million transfer—kind of scary, brother.
Are they all selling? Then just wait for the bottom.
If miners run away, we buy the dip.
With such abundant liquidity, it means there are still people taking over.
Contract data speaks for itself; ETH is their cash machine.
Why hasn't it dropped yet? Playing around?
Price stable? Haha, I think it's just gathering strength.
Since miners are so actively selling, it's time to do the opposite.
This rhythm is a bit frantic...
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AirdropHunter
· 12-17 15:29
Miners are starting to dump again, this wave of ETH will drop.
Wait, a transfer volume of 100 million USD... how long will this last?
Liquidity? Basically, it's just about selling off.
Miners send the most active ETH to the market
In the upcoming period, transfers made by miners to exchanges are dominated by Ethereum. Especially, miners prefer ETH to provide liquidity.
Recorded data shows that these transfers occasionally reach levels exceeding 100 million dollars. The simple meaning of this is: miners largely meet their liquidity needs through Ethereum.
What is behind the high preference for ETH? Factors such as liquidity concentration, price stability, and trading volume influence miners' choices. Currently, ETH transfers continue to be one of the most important market influencers.