Bitcoin Miners Pull 36K BTC From Exchanges In Weeks: What Comes Next?
The post Bitcoin Miners Pull 36K BTC From Exchanges In Weeks: What Comes Next? appeared on BitcoinEthereumNews.com.
Bitcoin continues to struggle to reclaim the $70,000 level, with price action increasingly confined to a broad range above $60,000. This consolidation reflects persistent selling pressure near resistance while buyers appear willing to defend lower levels, creating a temporary equilibrium rather than a clear directional trend. Market sentiment remains cautious, with traders closely watching liquidity conditions, macro signals, and on-chain flows for clues about the next decisive move. A recent CryptoQuant analysis provides additional context by highlighting a noticeable shift in miner behavior. According to the data, the pace of Bitcoin withdrawals from trading platforms has accelerated significantly in recent weeks. Since the beginning of February, roughly 36,000 BTC have been withdrawn from exchanges — a substantial figure compared to previous months. Such withdrawals are often interpreted as a reduction in immediate selling intent, as miners typically move coins off exchanges when prioritizing long-term holding or alternative liquidity strategies. While this does not guarantee bullish price action, it can reduce short-term supply pressure in spot markets. Miner Withdrawals Signal Potential Shift In Bitcoin Supply Dynamics The analysis further highlights the scale and distribution of recent miner withdrawals from exchanges. More than 12,000 Bitcoin were reportedly withdrawn from Binance alone, while the remaining volume — exceeding 24,000 BTC — was spread across multiple other trading platforms. This broad-based movement suggests coordinated repositioning rather than isolated activity by a single entity, pointing to a wider shift in miner liquidity management strategies. Such behavior is often interpreted as a move toward longer-term storage. Miners typically transfer holdings to cold wallets when they are less inclined to sell immediately, reducing the amount of Bitcoin readily available on exchanges. This can signal increased confidence in future price appreciation or a strategic decision to manage liquidity outside active trading venues. Daily withdrawal intensity has also accelerated…
Filed under: News - @ February 18, 2026 4:06 am