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Bitcoin miners halt sales as BTC gains 20% since hash ribbon 'buy' signal

cryptoweekly by cryptoweekly
May 14, 2025
in bitcoin, News
0

Bitcoin miners may be reversing a lengthy selling trend that has become more intense since late 2023, recent data shows.

Key points:

Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak.

Over the past month, miner wallet balances have increased by around 2,700 BTC.

Read more

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Recent Posts
  • China’s JD.com enters stablecoin race as US passes GENIUS Act
  • Iranian crypto exchange Nobitex reportedly exploited for $73M: ZachXBT
  • Bitcoin, crypto dip as Trump says Iran’s leader an ‘easy target’
  • Agriculture firm AgriFORCE powers 120 crypto miners with natural gas
  • Archetyp dark web market shut down, but ecosystem adapts: TRM Labs
  • Washington’s second-biggest city, Spokane, bans crypto ATMs
  • Spanish bank BBVA suggests clients make 7% crypto allocation

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