60K Bitcoin absorbed by accumulators as miners send BTC to exchanges: Will the rally stall?

Bitcoin accumulators absorbed 60,000 BTC, but miners sending their rewards to exchanges could lead to overhanging sell pressure.

Bitcoin’s (BTC) early-January rally is unfolding against a mixed on-chain data backdrop, where strong accumulation demand is colliding with renewed miner distribution. 

Key takeaways:

Bitcoin accumulator addresses added roughly 60,000 BTC in six days, ending a multi-month consolidation phase.

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