2 Major On-Chain Signals Are Testing the Strength of Bitcoin’s Rally

• Bitcoin miner flows to Binance reached 19,866 BTC, nearing the 20,000 BTC mark, with previous spikes above 25,000 BTC in late August.
• Glassnode reports over $5 billion in realized profits by Bitcoin holders, indicating profit-taking despite relatively low amounts.
• Bitcoin's price dipped to around $83,500, down 3% from the previous day, while spot Bitcoin ETFs saw significant inflows totaling $2.37 billion this month.

https://cryptopotato.com/2-major-on-chain-signals-are-testing-the-strength-of-bitcoins-rally/