Bitcoin (BTC) experienced a slight sale yesterday, reaching a daily hollow of $ 100,372 on Binance Crypto Exchange. However, recent data on the chain suggest that the price crisis may persist, as BTC minors continue to transfer parts to unprecedented levels.
Bitcoin minors transfers to exchange have reached a high record
According to a recent post of Cryptonchain Crypto’s Cryptoker Quicktake, the total influx made of bitcoin minors to trade increased to historical heights. This peak probably contributed to the recent drop in the price of the $ 100,000 range.
For the uninitiated, the total of Bitcoin influx minors to exchanges measures the actual amount of BTC that minors have transferred from their wallets to cryptocurrency. A strong increase in this metric generally indicates that minors sell more of their assets, which can increase supply on the market and potentially reduce prices.
Cryptonchain shared the following graphic showing that the entries of minors exceeding $ 1 billion a day between May 19 and May 28, 2025. If this trend continues, BTC could face a deeper correction, which can be potentially fallen into the range of $ 90,000.
A similar trend was observed earlier this year in January when BTC was in the middle of a historic rally, creating several new summits of all time (ATH) in rapid succession. At the time, BTC minors dump Nearly 140,000 pieces for around $ 13.72 billion.
Meanwhile, the experienced analyst of Crypto Ali Martinez underlined another lowering signal. In a post X, he noted that the Bitcoin / value market value ratio made (MVRV) fell below its simple 200 -day mobile average (SMA) – a sign that can cause additional sales pressure.
When the MVRV ratio falls below its 200 -day SMA, it suggests that the average market participant holds Bitcoin at a loss or nearby. This often indicates a lower feeling or undervaluation, which can trigger additional sale among small investors.
BTC holding cautiously optimistic
Adding to growing uncertainty, yesterday’s public quarrel between US President Donald Trump and Elon Musk has further attenuated the feeling of the market. Some analysts now predict The BTC could drop as low as $ 96,000.
Crypto analyst Anup Ziddi has made a similar bearish forecast. The analyst recently declared As long as BTC remains less than $ 107,000, its chances of new accidents remain high.
That said, there are still reasons for cautious optimism. Recent data on the chain show that new Bitcoin whales are aggressive accumulation The assets, strengthening the potential of a future compression of the offer. At the time of the press, BTC is traded at $ 104,963, up 0.2% in the last 24 hours.
Star image of Unsplash.com, cryptocurrency charts, x and tradingView.com
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