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🚨 Miners are no longer holding coins; this is the real market signal.
Latest disclosure on April 11:
Nasdaq-listed mining company Bitdeer 👇
👉 Mined 165 BTC in one week
👉 All 165 BTC sold during the same period
👉 Current holdings: 0
What does this mean?
In one sentence:
Miners have shifted from “bullish holding” to “mining and selling simultaneously.”
Why is this happening?
The essence boils down to three words: profit pressure
⛏️ Rewards decrease after the halving
⛏️ Hashrate hits a new high
⛏️ Price of coins remains stagnant or fluctuates slightly
👉 Not selling, they can’t sustain cash flow
Impact on the market:
⚠️ Bearish:
Continuous selling pressure from miners suppresses short-term upward movement
“The most knowledgeable about BTC” are not holding coins, which can affect market confidence
✅ Bullish (deeper level):
Passive selling pressure release helps facilitate market turnover
Once selling pressure ends, it becomes easier to form a trend
My core judgment:
Miner selling is not bearish; it’s passive survival.
The real key is not whether they sell or not, but—
👉 Whether the market has the capacity to absorb these chips
Summary in one sentence:
📉 Miners selling = pressure
📈 Someone absorbing = opportunity
BTC has never been about who sells, but about who quietly takes over. 🔥#Gate现货衍生品双双冲进全球前三 #Canary提交现货PEPEET申请 #Meta推出AI模型MuseSpark $TNSR $CFG $RAVE