Bitcoin Accumulation Surges as Miners' Position Index Declines
Bitcoin accumulation addresses have significantly increased their holdings, adding approximately 67,000 BTC over the past week. According to NS3.AI, CryptoQuant data reveals that balances rose from 138,000 BTC on March 23 to around 205,000 BTC by March 30. Meanwhile, the 30-day Miners’ Position Index has dropped to -1.042, indicating a shift in miner behavior. Additionally, Binance's seven-day net taker flow turned negative, reaching $1.2 billion on Monday, suggesting changes in market dynamics.