Bitcoin Miner Transfers Hit 2,077 BTC as Demand Estimates Are Negative

Bitcoin miners transferred 2,077 BTC to exchange wallets Tuesday, Nov. 10, the largest daily miner-to-exchange flow since February 2026, while 30-day demand-growth estimates remained negative. The transfer was about 16 times the 30-day daily average of 127 BTC, but it does not establish that miners sold the coins. Antpool accounted for roughly 97% of the transfer total. A miner-to-exchange flow records Bitcoin moving from miner wallets to exchange wallets; the movement can put coins on trading venues, but it does not confirm a sale or sell order.