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BTC miner inflows to Binance hit lowest since June 2023 after US ice storm disruption.

Technical Signals
22 Mar 2026
Blockonomi
View Source
Neutral
pluang ai news

BTC miner inflows to Binance have dropped to their lowest monthly average since June 2023, following a spike caused by a severe ice storm in the US that forced miners to sell BTC to cover fixed costs despite reduced operations. The storm disrupted mining activity, pushing miners to liquidate holdings temporarily, but inflows have since declined to about 4,316 BTC monthly, indicating reduced selling pressure. Miners currently hold an estimated 1.8 million BTC in reserves, making their behavior crucial for market stability. This trend suggests miners are holding more BTC now, which could support near-term price stability unless market conditions force renewed selling.

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