Bitcoin miner reserves fell to approximately 1.832 million BTC, the lowest point since May
According to CryptoQuant data, following a large number of withdrawals this week, the Bitcoin reserves of cryptocurrency miners have dropped to the lowest point since May. This indicates increasing selling pressure, as miner reserves measure the amount of tokens held in subsidiary miner wallets and may foreshadow sell-offs as tokens are transferred to cryptocurrency exchanges. Currently, Bitcoin miners hold approximately 1.832 million BTC reserves, which is lower than the peak of 1.845 million in October. Previously, AliCharts pointed out in a social media post that miners had sold 3,000 Bitcoins (BTC) in the past 24 hours, equivalent to about $129 million.
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CFTC: As of the week ending October 6, net short positions in euro, pound, and Swiss franc; net long positions in yen
1. The net short position for the Swiss franc is 23,740 contracts. 2. The net short position for the British pound is 97,611 contracts. 3. The net short position for the euro is 99,332 contracts. 4. The net long position for the Japanese yen is 62,325 contracts.
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Net long positions of WTI crude oil speculators decreased by 19,516 contracts to 111,635 contracts.
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