Bitdeer, a major BTC mining company, sold its BTC holdings last week.
Miner capitulation has historically been a late-cycle stress signal: in the short term it can increase sell pressure as operators liquidate reserves, but it has often coincided with improving miner economics and stronger BTC price recoveries
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Bitdeer, a major BTC mining company, sold its BTC holdings last week.
Miner capitulation has historically been a late-cycle stress signal: in the short term it can increase sell pressure as operators liquidate reserves, but it has often coincided with improving miner economics and stronger BTC price recoveries