Time | Details |
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2024-06-22 16:01 |
Bitcoin Miners' Rapid Sell-Off Post-Halving
According to @intotheblock, Bitcoin miners have sold over 30,000 BTC, equivalent to around $2 billion, since June. This represents the fastest pace of selling in over a year. The recent Bitcoin halving has tightened profit margins for miners, prompting this significant sell-off. (Source) |
2024-06-24 05:17 |
Bitcoin Miners Sell Record 30,000 BTC in June
According to Crypto Patel, Bitcoin miners sold over 30,000 BTC, equivalent to roughly $2 billion, in June, marking a yearly record. Miner inventories are now at 14-year lows. This sell-off was triggered by the recent halving event, which significantly reduced mining profits. (Source) |
2024-06-24 12:28 |
Farside Investors Reflect on Bitcoin Mining Strategy
According to Farside Investors, their March 2024 strategy of investing in higher-cost Bitcoin miners with older fleets has proven to be a good decision. However, they did not consider the impact of AI on their investments. (Source) |
2024-06-29 13:20 |
Bitcoin Miners Nearing Capitulation, Market Reversal Imminent
According to CryptoMichNL, the Bitcoin network's true hashrate drawdown indicates that miners are approaching capitulation areas similar to those seen during the FTX collapse. The current drawdown is as severe as it was during that period, suggesting that a market reversal may be imminent. (Source) |
2024-07-19 17:01 |
Miners Accumulate 4,500 BTC in July
According to @intotheblock, miners have increased their Bitcoin holdings by 4,500 BTC throughout July, which is equivalent to a value of $300 million. This significant accumulation may indicate a bullish sentiment among miners, potentially impacting Bitcoin's market dynamics. (Source) |
2024-07-19 11:20 |
Bitcoin Whale Holdings and Miner Accumulation Reach Significant Levels
According to @esatoshiclub, Bitcoin addresses holding 1,000 or more BTC now collectively possess 7.9 million BTC, marking a two-year high and representing 40% of the total circulating supply. Additionally, throughout July, Bitcoin miners have increased their holdings by 4,500 BTC, which is valued at approximately $300 million. (Source) |
2024-07-30 19:05 |
Bitcoin Halving Impact on Miner Behavior
According to Julio Moreno, since the Bitcoin halving, smaller miners have been selling their Bitcoin holdings while larger miners have accumulated more. This trend aligns with reports from large publicly-traded mining companies, which have shown increased reserves and even some instances of purchasing additional Bitcoin. (Source) |
2024-08-06 14:31 |
BTC Production Share Chart for Top 11 Miners
According to Farside Investors, a chart detailing the Bitcoin (BTC) production share among the top 11 miners has been shared, providing insights into the distribution of BTC mining power. This information can help traders assess the decentralization and potential influence of major mining entities on the BTC market. (Source) |
2024-09-15 14:17 |
ZachXBT Comments on Rapid Rug Pulls by Miners and Pepecasso1
According to ZachXBT, there has been a rapid series of rug pulls involving Miners and Pepecasso1. This highlights the risks associated with certain crypto projects and the need for traders to exercise caution. (Source) |
2024-10-22 14:54 |
Miners' Autonomy in Blocksize Decisions and Implications for SegWit
According to BitMEX Research, SegWit represents an increase in blocksize, but miners have the autonomy to choose whether or not to produce larger blocks. This autonomy presents a challenge for all blocksize limit increases, including those executed via a hardfork. This insight is crucial for traders as it affects the scalability and potential transaction throughput of the blockchain, impacting transaction fees and miner incentives. (Source) |