Golden Finance reports that exchange BTC inflows (the total amount of BTC transferred to exchanges) and miner outflows (the amount of BTC sent by miners to exchanges) have dropped significantly since November 2024, indicating that selling pressure has eased. According to CryptoQuant data, exchange BTC inflows peaked at 98,748 BTC on November 25 in November 2024, after approximately two months of peak exchange inflow activity. In December 2024, exchange inflows declined, with the total number of Bitcoins sent to exchanges per day ranging from 11,000 to 79,000. The decrease in exchange inflows was accompanied by a decrease in miner outflows, indicating less selling pressure on Bitcoin miners, who often sell off their Bitcoin holdings to cover operating expenses.