why are miners selling bitcoin

Last Updated on June 12, 2023 by Paganoto

Crypto miners moved over $300 million of bitcoin in one day

Crypto miners moved over $300 million of bitcoin in one day

2021. The phenomenon is called “miner capitulation,” and it typically indicates that miners are preparing to sell their previously mined coins in order to cover ongoing mining expenses. Bitcoin is currently trading around $21,600, up about 3% in the last 24 hours.Jul 18, 2022

Bitcoin miners sell their hodlings, and ASIC prices keep …

Bitcoin miners sell their hodlings, and ASIC prices keep …

According to the report, and data from Arcane Research, miners owe some $4 billion in loans and now that Bitcoin price trades near its 2017 all- …

Bitcoin miners sell their holdings amid crypto winter's chill

Bitcoin miners sell their holdings amid crypto winter's chill

Several publicly listed bitcoin miners collectively sold more than 100% of their entire output in May as the value of bitcoin tumbled 45%, …

Bitcoin Miners Are Selling Off Their BTC Holdings to Cope …

Bitcoin Miners Are Selling Off Their BTC Holdings to Cope …

Bitcoin miners are selling off their mined tokens as the tumbling price of bitcoin erases profit margins at the same time capital markets …

Bitcoin miners stop 'HODLing,' start selling as crypto crashes …

Bitcoin miners stop 'HODLing,' start selling as crypto crashes …

Bitcoin miners are selling off their Bitcoin holdings in order to make up for rising energy costs and the declining value of the …

Public Bitcoin Miners Are Selling Off BTC Reserves as Crypto …

Public Bitcoin Miners Are Selling Off BTC Reserves as Crypto …

Publicly traded BitcoinBitcoin miners, like Marathon Digital and Riot Blockchain, sold more Bitcoin than they produced last month, a big step up …

Understanding When and Why Bitcoin Miners Sell Their BTC

Understanding When and Why Bitcoin Miners Sell Their BTC

The short answer is that miners sell to cover costs and take profits. Miners’ expenses, including electricity and rent, are mostly fiat- …

Bitcoin Miners Are Selling Tokens as Prices Linger Near Lows

Bitcoin Miners Are Selling Tokens as Prices Linger Near Lows

Bitcoin miners are beginning to sell tokens they’ve hoarded to cover burgeoning costs with the prospects for industry growth slowing and the …

Bitcoin Miners are Selling their BTC Assets over Reduced …

Bitcoin Miners are Selling their BTC Assets over Reduced …

Bitcoin miners are selling off their tokens as the price of Bitcoin is falling and the profit margins are shrinking. · Bitcoin miners sell BTC …