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Bitcoin At Risk Of Pullback As Binance Miner Distributions Spike, Analyst Says - Overpasses For America

Summary by NewsBTC
As Bitcoin (BTC) continues to hover just below the $120,000 level, miners have increased transfers to Binance crypto exchange. According to analysts, elevated BTC transfers to Binance could signal an upcoming price correction for the top cryptocurrency. Bitcoin Price Correction Upcoming? According to a CryptoQuant Quicktake post by contributor Arab Chain, there was a significant spike in BTC transfers from miners to Binance crypto exchange in la…

3 Articles

Binance, with its central position in Bitcoin capital flows, creates a market structure driven by short-term investors that could be a precursor to a significant price movement. According to data shared by CryptoQuant analysts, Binance is a global Bitcoin capital… Binance at the Center of Bitcoin Price…

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https://www.cryptela.com broke the news in on Tuesday, August 12, 2025.
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