Bitcoin Miners Continue Distribution, Bad Sign For The Rally?

By Bitcoinist - 1 sena ilu - Ħin tal-Qari: 2 minuti

Bitcoin Miners Continue Distribution, Bad Sign For The Rally?

Wirjiet fil-katina Bitcoin miners have been in a phase of distribution recently, a sign that could prove to be bearish for the price of the crypto.

Bitcoin Miner Reserve Observes Downtrend As Miners Look To Dump

As pointed out by an analyst in a CryptoQuant post, the latest selling from BTC miners may force the price down in the short term.

Ir-"riżerva tal-minaturi" hija indikatur li jkejjel l-ammont totali ta ' Bitcoin bħalissa maħżuna fil-kartieri tal-minaturi kollha.

Meta l-valur ta 'dan l-indikatur jiżdied, dan ifisser li l-minaturi qed jiddepożitaw muniti fil-kartieri tagħhom bħalissa. Xejra bħal din, meta tittawwal, tista 'tkun sinjal ta' akkumulazzjoni minn dawn il-validaturi tan-netwerk, u għalhekk tista 'tkun bullish għall-prezz ta' BTC.

Min-naħa l-oħra, il-valuri dejjem jonqsu tal-metrika jissuġġerixxu li l-minaturi qed jittrasferixxu numru nett ta 'muniti mir-riżervi tagħhom bħalissa. Peress li l-minaturi normalment jirtiraw il-BTC tagħhom għal skopijiet ta 'bejgħ, dan it-tip ta' tendenza jista 'jkun bearish għall-valur tal-kripto.

Issa, hawn tabella li turi t-tendenza fil- Bitcoin miner reserve over the last several months:

Looks like the value of the metric has been going down in recent days | Source: CryptoQuant

Kif tistgħu taraw fil-graff t'hawn fuq, il- Bitcoin miner reserves have been trending downwards during the past couple of weeks, while the price has been going up.

Dan jista 'jissuġġerixxi li l-minaturi jistgħu jkunu qed jipparteċipaw fid-distribuzzjoni reċentement, billi jieħdu vantaġġ mill-prezzijiet ogħla.

Dan il-bejgħ mill-minaturi jista 'jrażżan dan l-aħħar rally u jnaqqas il-valur tal-munita, għall-inqas fi żmien qasir.

The reason behind such dumping from this cohort is the recent shrinking revenues in Bitcoin mining. Many miners might need to sell more than usual to pay off their running costs at these lower revenues.

Xi minaturi oħra jkollhom ukoll ħlasijiet li jifdal għall-pjattaformi tal-minjieri tagħhom u għalhekk ikollhom ibigħu aktar mir-riżerva tagħhom biex iħallsuhom fl-ambjent attwali.

Prezz BTC

Fil-ħin tal-kitba, BitcoinIl-prezz ta' 's floating madwar $24.5k, żieda ta' 6% fl-aħħar sebat ijiem. Matul l-aħħar xahar, il-kripto kisbet 21% fil-valur.

It-tabella t'hawn taħt turi t-tendenza fil-prezz tal-munita matul l-aħħar ħamest ijiem.

The value of the crypto seems to have been moving sideways since the rise a few days ago | Source: BTCUSD on TradingView Featured image from Dmitry Demidko on Unsplash.com, charts from TradingView.com, CryptoQuant.com

Sors oriġinali: Bitcoinhuwa