{"id":495245,"date":"2022-07-09T19:00:18","date_gmt":"2022-07-09T19:00:18","guid":{"rendered":"https:\/\/ktsl888.com\/?p=495245"},"modified":"2024-06-11T14:21:26","modified_gmt":"2024-06-11T14:21:26","slug":"bitcoin-miners-deposit-big-derivatives-exchanges","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/","title":{"rendered":"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges"},"content":{"rendered":"

On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging against potential future falls.<\/p>\n

Bitcoin Miners Have Been Transferring To Derivatives Exchanges Recently<\/h2>\n

As pointed out by an analyst in a CryptoQuant post<\/a>, around 4.3k BTC has exited miner reserves during the last two weeks.<\/p>\n

The “miner reserve<\/a>” is an indicator that measures the total amount of Bitcoin currently stored in the wallets of all miners.<\/p>\n

When the value of this metric increases, it means miners are transferring coins into their wallets at the moment. Such a trend, when prolonged, can be a sign of accumulation from miners, and hence can be bullish for the crypto’s price.<\/p>\n

Related Reading |\u00a0Data Suggests Buying On Coinbase Behind The Bitcoin Pump<\/a><\/em><\/strong><\/p>\n

On the other hand, a lowering value of the indicator implies miners are withdrawing their coins right now. Depending on where they are transferring, it could be neutral or bearish for the BTC price.<\/p>\n

Now, here is a chart that shows the trend in the Bitcoin miner reserves over the last few weeks:<\/p>\n

\"Bitcoin<\/p>\n

Looks like the value of the metric has been going down recently | Source: CryptoQuant<\/a><\/pre>\n
As you can see in the above graph, the Bitcoin miner reserve has decreased in value during the past couple of weeks.<\/p>\n
These withdrawals from miner wallets amounted to around 4.3k BTC in total. The chart also has the data for two more indicators, the second of which (the bottom graph) just shows the netflow, which is simply a measure of the net movement around miner wallets (which would naturally equal the decrease in the reserve for this period).<\/p>\n
The middle graph has the curves for the miner flow to derivatives exchanges<\/a> and their flow to spot exchanges. It looks like most of the transfers during the period went not to spot, but derivatives.<\/p>\n
Related Reading |\u00a0Bitcoin Drops Below $22,000, Is Peter Brandt\u2019s Analysis Still In Play?<\/a><\/em><\/strong><\/p>\n
This could suggest that miners withdrew these coins for hedging their positions against any potential plunges in the price of Bitcoin, and not for selling them.<\/p>\n
If that is indeed the miners’ intention, then the latest decrease in their reserves may not be bearish for the coin’s value.<\/p>\n
BTC Price<\/h2>\n
At the time of writing, Bitcoin’s price<\/a> floats around $21.7k, up 13% in the last seven days. Over the past month, the crypto has lost 28% in value.<\/p>\n
Below is a chart that shows the trend in the price of the coin over the last five days.<\/p>\n
\"Bitcoin<\/p>\n
The value of the crypto seems to have observed some upwards movement over the last couple of days | Source: BTCUSD on TradingView<\/a><\/pre>\n
Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, CryptoQuant.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging against potential future falls. Bitcoin Miners Have Been Transferring To Derivatives Exchanges Recently As pointed out by an analyst in a CryptoQuant post, around 4.3k BTC has exited miner reserves during the last two weeks. The “miner reserve” is an indicator that measures the total amount of Bitcoin currently stored in the wallets of all miners. When the value of this metric increases, it means miners are transferring coins into their wallets at the moment. Such a trend, when prolonged, can be a sign of accumulation from miners, and hence can be bullish for the crypto’s price. Related Reading |\u00a0Data Suggests Buying On Coinbase Behind The Bitcoin Pump On the other hand, a lowering value of the indicator implies miners are withdrawing their coins right now. Depending on where they are transferring, it could be neutral or bearish for the BTC price. Now, here is a chart that shows the trend in the Bitcoin miner reserves over the last few weeks: Looks like the value of the metric has been going down recently | Source: CryptoQuant As you can see in the above graph, the Bitcoin miner reserve has decreased in value during the past couple of weeks. These withdrawals from miner wallets amounted to around 4.3k BTC in total. The chart also has the data for two more indicators, the second of which (the bottom graph) just shows the netflow, which is simply a measure of the net movement around miner wallets (which would naturally equal the decrease in the reserve for this period). The middle graph has the curves for the miner flow to derivatives exchanges and their flow to spot exchanges. It looks like most of the transfers during the period went not to spot, but derivatives. Related Reading |\u00a0Bitcoin Drops Below $22,000, Is Peter Brandt\u2019s Analysis Still In Play? This could suggest that miners withdrew these coins for hedging their positions against any potential plunges in the price of Bitcoin, and not for selling them. If that is indeed the miners’ intention, then the latest decrease in their reserves may not be bearish for the coin’s value. BTC Price At the time of writing, Bitcoin’s price floats around $21.7k, up 13% in the last seven days. Over the past month, the crypto has lost 28% in value. Below is a chart that shows the trend in the price of the coin over the last five days. The value of the crypto seems to have observed some upwards movement over the last couple of days | Source: BTCUSD on TradingView Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, CryptoQuant.com<\/p>\n","protected":false},"author":542,"featured_media":495250,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,86231,639,1119,1144],"class_list":["post-495245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-derivatives-exchanges","tag-bitcoin-miners","tag-btc","tag-btcusd"],"acf":[],"yoast_head":"\nBitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges<\/title>\n<meta name=\"description\" content=\"On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges\" \/>\n<meta property=\"og:description\" content=\"On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-09T19:00:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:21:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1703\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges\",\"datePublished\":\"2022-07-09T19:00:18+00:00\",\"dateModified\":\"2024-06-11T14:21:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/\"},\"wordCount\":417,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703\",\"keywords\":[\"bitcoin\",\"Bitcoin Derivatives Exchanges\",\"bitcoin miners\",\"btc\",\"btcusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/\",\"name\":\"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703\",\"datePublished\":\"2022-07-09T19:00:18+00:00\",\"dateModified\":\"2024-06-11T14:21:26+00:00\",\"description\":\"On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703\",\"width\":2560,\"height\":1703,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/ktsl888.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges","description":"On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges","og_description":"On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-07-09T19:00:18+00:00","article_modified_time":"2024-06-11T14:21:26+00:00","og_image":[{"width":2560,"height":1703,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703","type":"image\/jpeg"}],"author":"Keshav Verma","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges","datePublished":"2022-07-09T19:00:18+00:00","dateModified":"2024-06-11T14:21:26+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/"},"wordCount":417,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703","keywords":["bitcoin","Bitcoin Derivatives Exchanges","bitcoin miners","btc","btcusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/","name":"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703","datePublished":"2022-07-09T19:00:18+00:00","dateModified":"2024-06-11T14:21:26+00:00","description":"On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703","width":2560,"height":1703,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/ktsl888.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges","url":"http:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-miners-deposit-big-derivatives-exchanges\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin derivatives exchanges","bitcoin miners","btc","btcusd"],"dateCreated":"2022-07-09T19:00:18Z","datePublished":"2022-07-09T19:00:18Z","dateModified":"2024-06-11T14:21:26Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-miners-deposit-big-derivatives-exchanges\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-miners-deposit-big-derivatives-exchanges\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin derivatives exchanges\",\"bitcoin miners\",\"btc\",\"btcusd\"],\"dateCreated\":\"2022-07-09T19:00:18Z\",\"datePublished\":\"2022-07-09T19:00:18Z\",\"dateModified\":\"2024-06-11T14:21:26Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/kanchanara-2YIwvJx8IWs-unsplash-scaled.jpg?fit=2560%2C1703","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/495245"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=495245"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/495245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/495250"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=495245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=495245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=495245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}