Bitcoin Demand Dries Up as Miners Prepare to Dump 2,077 BTC: Is More Selling Pressure Coming for BTC?

Bitcoin (BTC) demand is showing signs of weakness as miners move more coins to cryptocurrency exchanges. CryptoQuant recorded 2,077 BTC in miner-to-exchange transfers on November 10, approximately 16 times the 30-day daily average of 127 BTC. The move comes as Bitcoin struggles to regain momentum and the network approaches an estimated 8% reduction in mining difficulty. The latest figures raise concerns about potential selling pressure, particularly as demand indicators weaken across spot and derivatives markets. Meanwhile, miners could soon receive some relief from lower network difficulty. Bitcoin's Rebound Fades as Spot Demand Weakens and Miner Flows Surge “Leverage is being unwound, but spot demand has not recovered sustainably.” – By @xwinfinance pic.twitter.com/n03axjQKqt — CryptoQuant.com (@cryptoquant_com) November 13, 2026 Explore: Bitcoin Price Crashes Below $69,000: Is the Worst Still to Come?

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Coinspeaker.