Position Index News Today

CryptoQuant data shows an unusual sharp spike in Bitcoin miners' outflow, an unexpected development given the solid BTC performance.

This is the fifth in a series of articles introducing my GTO (Image: BrainyQuote.com) GTO open opportunities Suppose the action folds to us in the cutoff with 20 BB effective stacks. I wrote Part 3 and Part 4 as if our only options were shoving or folding, which was the way those game theory models were constructed. But we actually have two additional options; we can also limp or open. Arguably, game theory doesn’t provide for unexploitable limping. If limping is our most profitable play, it...

The MPI hit 4.52 on Jan. 7, as Bitcoin approached $40,000 levels, as per CryptoQuant data. Why It Matters: The BTC sale by miners is diametrically opposite to institutional investors who made record Bitcoin purchases as the apex cryptocurrency crossed $30,000 levels, also noted by Ki last week. See Also: Willy Woo, an on-chain analyst, said in May that there are two factors that add selling pressure in the market after the block reward halving — Miners who dilute supply and sell on to the ma...

Bitcoin miners go into selling spree while BTC price is held by weak support