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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.

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Recent Posts
  • Ex-SEC Chair Gary Gensler privately supported crypto — McHenry
  • Standard Chartered scales institutional crypto banking with FalconX
  • Bitcoin miners halt sales as BTC gains 20% since hash ribbon 'buy' signal
  • Crypto swapper eXch shows signs of life after post-Bybit shutdown
  • Crypto VC deals drop in Q1, but funding more than doubles: PitchBook
  • Alarm bells ring in US over OpenAI’s crypto project World
  • Kima joins Mastercard sandbox to enable stablecoin card top-ups

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