ThanTaiCrypto
--
No more Bitcoin to buy? Miners stop selling as BTC price skyrockets
As the price of Bitcoin (BTC) skyrockets above the 100k mark, a distinct trend is emerging: Bitcoin miners are stopping their sales. This raises the question: Is the supply of BTC in the market running low?
Miners 'lock wallets', holding Bitcoin in anticipation of higher prices
According to data from several on-chain analysis platforms (such as G**node and CryptoQ***), the amount of BTC being transferred from miners' wallets to exchanges has significantly decreased. This indicates they are choosing to hold coins instead of selling at the current price, expecting even higher prices in the near future.
Scarce supply, demand still rising
• Spot Bitcoin ETF and demand from large institutions continue to increase, especially after funds like BlackR*ck, F*delity actively buy in.
• Recent halving events (reward reductions for mining) have also contributed to limiting new supply.
• Several major exchanges are reporting the lowest BTC reserves in years.
Impact on the market
• Miners not selling has caused a significant reduction in selling pressure, while buying pressure remains strong → BTC price may continue to rise.
• Positive market sentiment, expecting Bitcoin to reach new high levels, such as 120k or even 150k.
Conclusion
In the context of limited supply and increasing demand, Bitcoin is becoming 'harder to buy'. The fact that miners are holding BTC instead of cashing out shows they believe the value of this asset is still not fully priced.
This could create a positive 'liquidity crisis', pushing BTC prices to new historical highs.
Crypto God of Wealth.
As the price of Bitcoin (BTC) skyrockets above the 100k mark, a distinct trend is emerging: Bitcoin miners are stopping their sales. This raises the question: Is the supply of BTC in the market running low?
Miners 'lock wallets', holding Bitcoin in anticipation of higher prices
According to data from several on-chain analysis platforms (such as G**node and CryptoQ***), the amount of BTC being transferred from miners' wallets to exchanges has significantly decreased. This indicates they are choosing to hold coins instead of selling at the current price, expecting even higher prices in the near future.
Scarce supply, demand still rising
• Spot Bitcoin ETF and demand from large institutions continue to increase, especially after funds like BlackR*ck, F*delity actively buy in.
• Recent halving events (reward reductions for mining) have also contributed to limiting new supply.
• Several major exchanges are reporting the lowest BTC reserves in years.
Impact on the market
• Miners not selling has caused a significant reduction in selling pressure, while buying pressure remains strong → BTC price may continue to rise.
• Positive market sentiment, expecting Bitcoin to reach new high levels, such as 120k or even 150k.
Conclusion
In the context of limited supply and increasing demand, Bitcoin is becoming 'harder to buy'. The fact that miners are holding BTC instead of cashing out shows they believe the value of this asset is still not fully priced.
This could create a positive 'liquidity crisis', pushing BTC prices to new historical highs.
Crypto God of Wealth.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number