---
title: "Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal"
url: https://diffcoin.com/bitcoin-miner-otc-balances-reach-2-year-high-why-its-a-bearish-signal/
description: "The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners. Source link"
published: 2024-08-23
updated: 2024-08-23
author: "Mila"
site: "Diffcoin"
---

# Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal

The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners.

[Source link](https://cointelegraph.com/news/bitcoin-miner-otc-balances-high-bearish-price-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)