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Bitcoin miners moved more coins to exchanges in June amid falling revenue and rising difficulty.

Market News
14 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin miners moved more coins to exchanges in June amid falling revenue and rising difficulty.

In June 2022, Bitcoin miners increased transfers of coins to exchange wallets as mining revenue dropped and network difficulty rose. The hashprice, representing miners' daily revenue per terahash, fell to $0.09, the lowest since October 2020, marking a 60% annual decline. Mining difficulty increased 51% year-over-year while Bitcoin's price fell 39%, pressuring miners financially. The surge in transfers, including a notable 5,000 BTC move to Binance, suggests some miners struggled to cover costs and sold Bitcoin to raise cash, possibly signaling a miner capitulation phase that often precedes market bottoms.

The article highlights miner activity in the Bitcoin market, while on Pluang, Binance Coin (BNB) trades at Rp13.053.550 as of Oct 15, 2026, 08:31 WIB. The platform shows a 1-day change of -1.87% for BNB, with a market cap of Rp1.743,3 trillion. Pluang users have a typical hold time of 89 days for BNB, with order activity leaning slightly towards selling at 52%.

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