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16 Apr 2026, 07:55
Bitcoin Miners Execute Staggering 61,000 BTC Sell-Off as Market Cycle Intensifies

BitcoinWorld Bitcoin Miners Execute Staggering 61,000 BTC Sell-Off as Market Cycle Intensifies Bitcoin mining companies have executed a substantial divestment of their holdings, selling approximately 61,000 BTC since the current market cycle began, according to recent on-chain data analysis. This significant reduction in miner reserves represents a notable shift in behavior among key network validators. Consequently, market analysts are closely monitoring the potential implications for Bitcoin’s supply dynamics and price stability. The trend highlights the evolving financial strategies of major mining operations globally. Bitcoin Miner Reserves Experience Sharp Decline On-chain analytics firm CryptoQuant reported a consistent downward trajectory in Bitcoin holdings controlled by miners. Specifically, aggregate miner reserves have decreased from roughly 1.862 million BTC to 1.801 million BTC. This net reduction of 61,000 BTC signifies one of the more pronounced sell-offs in recent cycles. Importantly, miner reserves represent Bitcoin held in wallets directly associated with mining entities, not yet sent to exchanges or sold. Therefore, a decline typically indicates coins are being moved for operational expenses, profit-taking, or strategic treasury management. Historically, miner selling pressure can influence market sentiment. For instance, sustained selling often coincides with periods of increased volatility. However, analysts note that Bitcoin’s liquid supply remains constrained overall. Furthermore, the sell-off occurs alongside continued institutional adoption through spot ETFs. This creates a complex interplay between new demand and miner supply. The data provides a crucial, real-time indicator of network health and participant economics. Major Public Mining Firms Lead the Sell-Off Publicly traded mining companies have been particularly active sellers, according to disclosures and on-chain tracking. These entities face quarterly reporting requirements and shareholder expectations, which often influence their treasury strategies. Notably, Marathon Digital Holdings (MARA) sold approximately 13,210 BTC during this period. Similarly, Riot Platforms divested around 4,026 BTC, and Core Scientific sold about 1,992 BTC. These three firms alone account for a significant portion of the reported net sales. The table below summarizes the disclosed sales from major public miners: Mining Company BTC Sold (Approx.) Marathon Digital (MARA) 13,210 BTC Riot Platforms 4,026 BTC Core Scientific 1,992 BTC Several factors drive this corporate selling behavior. Primarily, these include: Capital Expenditure: Funding new facility construction and hardware upgrades. Operational Costs: Covering significant energy expenses and overhead. Profit Realization: Locking in gains after the 2023-2024 price appreciation. Balance Sheet Management: Maintaining corporate liquidity and debt obligations. Consequently, the actions of public miners provide transparency into broader industry trends. Their need for fiat currency to fund growth is a persistent structural feature of the mining ecosystem. Analyzing the Impact on Bitcoin Market Dynamics The movement of 61,000 BTC from miner wallets represents a measurable increase in potential selling pressure. To contextualize, this amount is equivalent to roughly 0.3% of Bitcoin’s total circulating supply. While not catastrophic, it introduces a steady source of supply onto the market. Typically, miners sell their block rewards to cover operational costs. However, a drawdown from existing reserves suggests additional strategic motives may be at play. Market impact depends heavily on absorption capacity. Currently, daily spot Bitcoin ETF inflows in the United States have regularly exceeded the value of miner sales. For example, on many days in early 2025, net ETF inflows surpassed $200 million, while daily miner sales were a fraction of that. This demand from financial products can effectively neutralize the sell-side pressure from miners. Nevertheless, the trend warrants monitoring, especially if ETF demand wavers or miner selling accelerates. Historical Context and Cycle Analysis Examining previous Bitcoin cycles reveals patterns in miner behavior. Often, miners accumulate during bear markets when prices are low and operational margins are thin. Conversely, they tend to distribute during bull markets to secure profits and fund expansion. The current sell-off aligns with this historical pattern, following a substantial price recovery from the 2022 lows. Therefore, the activity is not necessarily a bearish signal but a normal function of the mining industry’s capital cycle. Expert analysts from firms like Glassnode and CoinMetrics have published research showing miner outflow metrics often peak before major market tops. This occurs as miners attempt to sell at favorable prices. The current outflow volume, while significant, remains below extreme levels seen in prior cycle peaks. This suggests miners may be conducting a measured distribution rather than a panic sell-off. Continuous on-chain surveillance provides the data needed to gauge these nuances. Conclusion The reported net sale of 61,000 BTC by Bitcoin miners marks a pivotal development in the current market cycle. Major public mining firms are leading this strategic divestment to fund operations and growth. While this introduces new supply, robust institutional demand through vehicles like spot ETFs has so far provided a counterbalance. Understanding miner behavior remains crucial for assessing Bitcoin’s supply-side economics. Ultimately, the health of the mining sector is intrinsically linked to the security and stability of the entire Bitcoin network. FAQs Q1: What are Bitcoin miner reserves? Miner reserves refer to the total amount of Bitcoin held in wallets controlled by mining entities. These are coins earned as block rewards but not yet sold or transferred to exchanges. Q2: Why are miners selling their Bitcoin now? Miners typically sell to cover high operational costs (like electricity), fund capital expenditures for new equipment, realize profits after price increases, and manage corporate treasury needs, especially for public companies. Q3: Does miner selling always cause the Bitcoin price to drop? Not necessarily. Price impact depends on market demand. If buying demand (e.g., from ETFs, institutions) exceeds the selling volume from miners, the price can remain stable or even rise despite the sell-off. Q4: How significant is a 61,000 BTC sell-off? It is a notable amount, representing about 0.3% of total supply. While it adds selling pressure, it is not unprecedented and is a known part of Bitcoin’s economic cycle where miners convert earned coins into fiat. Q5: Where can I track Bitcoin miner reserve data? On-chain analytics platforms like CryptoQuant, Glassnode, and CoinMetrics provide real-time data and charts on miner reserves, flows to exchanges, and other relevant network metrics. This post Bitcoin Miners Execute Staggering 61,000 BTC Sell-Off as Market Cycle Intensifies first appeared on BitcoinWorld .
16 Apr 2026, 07:53
Bitcoin price today: rises above $75k amid easing geopolitical fears

16 Apr 2026, 07:52
Bitcoin inflows top $240 million as price nears $75,000

🟠 Bitcoin approaches $75,000 with inflows topping $240 million. ETF demand is meeting heavy selling by large holders. Continue Reading: Bitcoin inflows top $240 million as price nears $75,000 The post Bitcoin inflows top $240 million as price nears $75,000 appeared first on COINTURK NEWS .
16 Apr 2026, 07:52
Bitcoin Price Prediction: Goldman Sachs Into Bitcoin, But Can Price Break $90K

BTC USD is just closing $75,000 again as price prediction turns bullish with Goldman Sachs filing with the SEC for a Bitcoin Premium Income ETF, its first-ever bitcoin -linked fund. For those who have spent a long time in crypto, know that conviction can drag BTC back through its high. Yesterday’s filing proposes a fund investing at least 80% of net assets in bitcoin-linked instruments, including spot Bitcoin ETFs, with a covered-call overlay spanning 40% to 100% of crypto exposure to generate income. $3.6 Trillion Goldman Sachs files for a “Bitcoin Premium Income ETF.” pic.twitter.com/G0xo1oqqEH — Simply Bitcoin (@SimplyBitcoin) April 14, 2026 The move arrives one week after Morgan Stanley launched its own Bitcoin Trust, intensifying Wall Street’s race for crypto market share. Goldman already holds $2.36 billion in Bitcoin and Ethereum ETFs, plus $152 million in XRP ETFs as of the end of last year’s reports. Meanwhile, the IMF has warned that global public debt is on track to hit 100% of world GDP by 2029, a macro backdrop that can strengthen Bitcoin’s hard-money narrative. Discover: The best pre-launch token sales Bitcoin Price Prediction: $90K This Time Around? Bitcoin’s current range of $65,000 to $75,000 has held through multiple tests across Q1 2026, forming what Goldman Sachs analyst James Yaro describes as a credible bottoming structure. Yaro noted that selling pressure since October 2025 has eased materially, open interest is low, and funding rates have turned negative, a condition that most likely precedes a trend reversal. Long-term holder supply has climbed to 69% of circulating BTC, per K33 Research’s Vetle Lunde, telling that accumulation is ongoing. For Bitcoin price, immediate resistance sits at $76,000; a clean break there opens a move toward $78,500, with the next ceiling cluster around $79,000. Reclaiming $76K on volume would mark the first higher high since the ATH breakdown, signaling a significant structural shift, especially with a cup-and-handle about to be validated. BTC USD, TradingView ETF flows have turned mildly positive since late February 2026, providing incremental demand support. A former Goldman Sachs executive has publicly forecast $140,000 , ambitious given where the price sits today, but not structurally impossible if institutional demand surprises to the upside. The $80K resistance level remains the critical intermediate hurdle before any $90K conversation becomes credible. Discover: The best crypto to diversify your portfolio with Bitcoin Hyper Targets Early-Mover Upside as Bitcoin Breaks Key Levels Bitcoin at $74K sounds like an opportunity, until you model the market cap math. Getting to $150K from here is a ~2x on an asset already carrying a $1.4 trillion market cap. Early-stage infrastructure bets on the Bitcoin ecosystem offer a structurally different risk/reward profile, and that’s exactly where some traders are rotating. Bitcoin Hyper ($HYPER) is positioning as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, promising transaction speeds that exceed Solana itself while anchored to Bitcoin’s security model. The project addresses Bitcoin’s three core limitations directly: slow transactions, high fees, and the absence of programmable smart contracts. It includes a Decentralized Canonical Bridge for native BTC transfers and ultra-low-latency execution. The presale has raised $32 million at a current token price of $0.0136 , with staking rewards available for early participants. For traders who’ve done the homework, research Bitcoin Hyper here . The project has already drawn attention alongside key Bitcoin price milestones . The post Bitcoin Price Prediction: Goldman Sachs Into Bitcoin, But Can Price Break $90K appeared first on Cryptonews .
16 Apr 2026, 07:50
RippleX Executive Flags Regulation and Harmonization as Missing Links for XRP Ledger Tokenization Boom

Regulation and Global Harmony Are the Missing Keys to Tokenization’s Next Big Leap on XRP Ledger At Paris Blockchain Week, RippleX SVP Markus Infanger noted that while global momentum around tokenization is accelerating, major financial institutions are still moving cautiously. In his view, the industry has reached a critical inflection point where real-world use cases can finally be demonstrated at scale. The infrastructure is in place, but what remains uncertain is the regulatory clarity needed to unlock full institutional adoption. At the heart of this progress is the XRP Ledger, already processing billions in payments. Its strength is clear, fast, low-cost settlement that stands in stark contrast to legacy systems like SWIFT, where cross-border transfers can still take days and incur higher fees. Despite these advantages, institutional adoption has not moved as quickly as many anticipated. Infanger highlighted two key hurdles holding back progress entailing regulatory clarity and global harmonization. Without well-defined legal frameworks, institutions are hesitant to commit substantial capital to tokenized assets. The concern goes beyond financial risk, compliance uncertainty is a major barrier. In highly regulated sectors like banking and asset management, even strong innovations can stall when rules are unclear or inconsistent. Tokenization’s Biggest Barrier Isn’t Tech — It’s Global Regulatory Alignment The second challenge touches on regulations varying sharply across jurisdictions, creating a fragmented environment that slows global adoption. A solution that is fully compliant in one market can face uncertainty or restrictions in another. For tokenization to scale at a global level, these frameworks need to converge. As Infanger highlighted, clarity is only the starting point, true progress depends on consistent standards across borders. Ripple President Monica Long recently reinforced the broader promise of blockchain infrastructure, noting that the XRP Ledger’s potential goes far beyond payments. It could support self-sovereign identity and help extend financial access to billions still excluded from traditional systems. On the institutional side, SBI Ripple Asia has already advanced this vision by completing its token issuance platform on the XRP Ledger, a clear signal of growing confidence in blockchain as a backbone for more efficient, interconnected financial markets. The takeaway is clear that the technology underpinning tokenization is no longer the limiting factor. What’s missing is a unified regulatory framework that gives institutions the confidence to fully participate. Until then, XRPL tokenization will continue to evolve, but not yet at the scale it promises.
16 Apr 2026, 07:49
SHIB near breakout or bull trap? On-chain data signals trouble

The cryptocurrency market has been bullish so far this week, with major cryptocurrencies like Bitcoin and Ether now trading new key resistance levels. Shiba Inu (SHIB), one of the leading memecoins in the market, is also approaching a key resistance level. It is currently trading above $0.0000060 at press time on Thursday and could rally higher in the near term. However, on-chain data metrics suggest a bearish outlook, as a surge in dormant wallet activity alongside spikes in the Network Realized Profit/Loss (NPL) indicator and trading volume. Traders are now approaching the market cautiously as downside risks appear to outweigh short-term recovery. SHIB soars, but on-chain data remains weak SHIB is up 4% and is now trading at $0.00000611. However, Santiment data indicates that SHIB could encounter selling pressure in the near term. Santiment’s Network Realized Profit/Loss (NPL) indicator computes a daily network-level Return On Investment (ROI) based on the coin’s on-chain transaction volume, which measures market pain. The metric recorded a massive dip on Tuesday, indicating that holders were realizing losses. Furthermore, Santiment’s Age Consumed index and transaction volume showed an upward surge, suggesting dormant tokens (tokens stored in wallets for a long time) are in motion. Usually, a surge in dormant wallet activity and transaction volume, combined with a negative spike in the NPL indicator, triggers a brief price rally, followed by massive sell-offs (bull traps). This pattern was observed in early December when SHIB’s price rose slightly first, followed by a sharp price correction. Furthermore, CryptoQuant's summary data also suggests that SHIB could undergo a bearish period in the near term. The data reveals that the presence of large orders in the futures markets hints at some optimism. Despite that, the heating conditions and the sell-side dominance suggest a potential downside push. Shiba Inu price forecast Similar to other major cryptocurrencies, the SHIB/USD 4-hour chart remains bearish and efficient. SHIB has been consolidating between $0.00000561 and $0.00000626 since March 19. It has currently surpassed the 50-day EMA at $0.0000060 but could encounter further selling pressure in the near term. The breakout or breakdown will dictate SHIB’s next directional move; however, traders should be cautious, as the primary trend for the meme coin remains bearish, and any short-term recovery could face corrections. The momentum indicators are also moving sideways as the market lacks direction. The Relative Strength Index (RSI) on the 4-hour chart reads 63, above the neutral level of 50, indicating fading bearish momentum. The Moving Average Convergence Divergence (MACD) lines coil against each other, suggesting indecision among the traders. If the rally persists, SHIB could retest the 100-day EMA near $0.0000065. A daily candle close above the 100-day EMA could extend recovery toward the weekly resistance at $0.0000068. However, if the bull trap holds, the immediate support lies around the lower consolidation boundary at $0.0000056. A daily close below this level could trigger a deeper correction toward the horizontal support near $0.0000050. The post SHIB near breakout or bull trap? On-chain data signals trouble appeared first on Invezz












































