Bitcoin Miners Flood Binance With 51K BTC — Is A Sell-Off Imminent?

According to on-chain trackers, bitcoin miners have moved a huge amount of coins to a major exchange in recent days, signaling a clear change in behavior that the market will watch ￰0￱ Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” Reports have disclosed miner transfers totaling 51,000 BTC — worth over $5.7 billion — to Binance since October ￰1￱ is a very large flow of supply into a place where coins can be sold ￰2￱ Move Large Amounts To Exchanges On October 11, there was a dramatic spike when miners deposited more than 14,000 BTC to Binance, a day after the market plunged and bitcoin briefly fell to $104,000, an event that wiped out nearly $20 billion in leveraged ￰3￱ on data, the outflow on that day was the biggest miner transfer since last ￰4￱ participants often read such moves as a tilt from holding toward selling, and that shift can change short-term sentiment ￰5￱ Data Indicates That Since October 9, Miners Have Deposited a Total of 51K Bitcoin “The deposit of 51,000 Bitcoins within seven days represents a clear shift in miner behavior from holding to selling or liquidating.” – By @ArabxChain ￰6￱ — ￰7￱ (@cryptoquant_com) October 16, 2025 CryptoQuant and other analytics firms caution that moving coins to an exchange does not always equal an immediate ￰8￱ miners may be posting bitcoin as collateral for futures, funding operational needs, or shifting reserves between wallets for bookkeeping.

Still, the market tends to react quickly to visible supply ￰9￱ may act on that visible movement even if the coins are not sold right away, increasing price pressure through trading behavior ￰10￱ And Funds Buying The Dip Reports have shown that large buyers have been active at the same ￰11￱ new wallet reportedly purchased $110 million worth of BTC from Binance, while another fresh address bought 465 BTC (about $51 million) from ￰12￱ addition, US spot Bitcoin ETFs have recorded ￰13￱ buyers could soak up some of the miner-supplied coins and limit how far the price ￰14￱ Momentum Remains Fragile After a wild week that erased large amounts of market value, bitcoin has struggled to regain clear ￰15￱ on Bloomberg data, the coin was trading near $109,000 on Oct. 17 in ￰16￱ had hit an all-time high of $126,250 on October 6, so the pullback has been sharp and ￰17￱ the week to Oct. 12, bitcoin slid as much as 6.5%, the largest weekly fall since early ￰18￱ Reading: Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account Analysts put a key support near $107,000.

A firm break below that level could invite deeper losses, they ￰19￱ the flip side, steady buying by large holders and continued ETF demand might keep the market from sliding much ￰20￱ tug of war is plain: miners adding potential supply versus big buyers taking the other ￰21￱ image from Unsplash, chart from TradingView