• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Bitcoin mining

Bitcoin (BTC) Miners Flood Exchanges Amid Regulatory Scrutiny – Impact On Crypto Investors?

Samuel Edyme
by Samuel Edyme
2 years ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Amid the continuous regulatory scrutiny in crypto, there have been a diversified sentiment among different participant groups about the Bitcoin market. According to latest data from data provider Glassnode, long-term holders have remained resilient and unwavering in their commitment, displaying a calm sentiment amid the elevated market distress.

Meanwhile, Bitcoin miners have been actively sending a substantial amount of their Bitcoin (BTC) holdings to exchanges, indicating a dynamic landscape.

Bitcoin Holders And Miners’ Diverse Sentiment

Data from on-chain analytics firm Glassnode reveals long-term Bitcoin holders have displayed a steadfast approach during the recent regulatory turbulence.

Related Reading: Bitcoin Active Addresses Spike, What Does This Mean?

Despite the charges faced by leading exchanges Binance and Coinbase from the United States Securities and Exchange Commission (SEC), the volume of BTC sent to exchanges by long-term holders has remained low, accounting for 0.04% of the overall supply.

Bitcoin long-term holder supply sent to exchanges remain low
BTC long-term holder supply sent to exchanges remains low. | Source: Glassnode

This data reflects the conviction and resilience of these holders, who have chosen to remain indifferent to the regulatory actions targeting the exchanges.

In contrast to the calm exhibited by long-term holders, Bitcoin miners have actively participated in recent market movements. Glassnode indicates that miners have sent a huge amount of BTC to exchanges, resulting in a significant inflow estimated at around $70.8 million.

Bitcoin miners inflow to exchanges.
Bitcoin miners inflow to exchanges. | Source: Glassnode

This surge marks the third-largest influx in recent times, following the peak of $101 million recorded during the primary bull market of 2021. The consistent activity among miners highlights their stance, despite the uncertain macroeconomic environment and mounting regulatory pressure in crypto.

Meanwhile, as Bitcoin miners continue their operations, the network’s hash rate has reached an all-time high, as indicated by Glassnode’s data.

Bitcoin mean hashrate
Bitcoin mean hash rate | Source: Glassnode

The 7-day moving average (7DMA) has soared to an unprecedented level of 381 EH/s, demonstrating the immense computational power dedicated to solving the Bitcoin puzzle. This figure equates to 381 quintillion guesses attempted every second, showcasing the robustness and strength of the network.

Miner’s Move: Impact On Investors

It is worth noting that on the flip side, the surge in miner-supplied Bitcoin to exchanges can create liquidity opportunities for investors. The increased availability of BTC on trading platforms allows investors to engage in active trading, taking advantage of market movements and potentially capitalizing on short-term price discrepancies.

Additionally, while the increased supply initiated by miners on exchanges comes amid the intensified regulatory scrutiny in the market, it could potentially add to the short-term market challenges ongoing. 

Related Reading: Binance Bitcoin Outflows Continue, Something To Worry About?

Meanwhile, Bitcoin price has witnessed a dramatic plunge in the past week that has brought its market value to below $26,000 down by 2.9%. The largest crypto asset by market capitalization has however recorded a slight uptrend in the past 24 hours up by 0.5%. 

BTC is currently trading at $25,960, experiencing a significant drop in value compared to its price as of last Monday. This decline can be attributed to the prevailing negative sentiment in the crypto market, exacerbated by the Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase, the world’s largest cryptocurrency exchange.

Bitcoin (BTC)’s price chart on TradingView
BTC price moving sideways on the 4-hour chart. Source: BTC/USD on TradingView.com

Featured image from Unsplash, Chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Samuel Edyme

Samuel Edyme

Follow

Edyme is a writer, a content writer that specialises in writing about the crypto realm. Asides Bitcoinist and NewsBTC, Edyme's writing has been featured in top sites such as Blockchain.News, CoinMonk, Blockchain Reporter, Bitcoin Insider among others.

Full Profile

Related Posts

Bitcoin Derivative Pressure Score Hits 30%: Downside Risk Signal

Bitcoin Derivative Pressure Score Hits 30%: Downside Risk Signal

19 hours ago
Bitcoin

Bitcoin Whale Dumps $4 Billion In BTC, Here’s What They Bought

20 hours ago
cours-or-nouveau-record-chute-btc

Record de l’or et chute du Bitcoin : que se passe-t-il ?

23 hours ago
Bitcoin

Bitcoin Correction Doesn’t Derail Its Growth Trajectory – Why The Bull Run Is Still On

1 day ago
Bitcoin & Ethereum

Bitcoin ETFs Post Net Inflows Again, But Ethereum Still Dominates

1 day ago
Bitcoin Set To Benefit From Strategy’s Potential S&P 500 Inclusion, Analyst Predicts

Bitcoin Set To Benefit From Strategy’s Potential S&P 500 Inclusion, Analyst Predicts

1 day ago

Premium Sponsors

Press Releases

  • Trust Wallet Brings Tokenized Stocks & ETFs Onchain...

    49 seconds ago
  • Sun Yuchen

    Why has billionaire Sun Yuchen set his sights on Xiushan...

    31 minutes ago
  • AlloyX Merges with Solowin Holdings at $350 Million...

    3 hours ago
  • WinnerMining

    “Trump-Backed WLFI Booms — WinnerMining Cloud Mining...

    4 hours ago
  • Top 5 Most Profitable ASIC Miners in 2025: ROI Comparison

    19 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.