By Bitcoinist - 1 年前 - 阅读时间：2 分钟
Bitcoin Miners Continue Distribution, Bad Sign For The Rally?
On-chain shows 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 DumpAs pointed out by an analyst in a CryptoQuant post, the latest selling from BTC miners may force the price down in the short term.
The “miner reserve” is an indicator that measures the total amount of Bitcoin currently stored in the wallets of all miners.
当该指标的值上升时，这意味着矿工现在正在将硬币存入他们的钱包。 如果这种趋势持续下去，可能是这些网络验证者积累的迹象，因此可能看涨 BTC 的价格。
另一方面，该指标值的下降表明矿工目前正在从他们的储备中转移净数量的代币。 由于矿工通常出于出售目的撤回其 BTC，因此这种趋势可能不利于加密货币的价值。
现在，这是一张显示趋势的图表 Bitcoin miner reserve over the last several months:
Looks like the value of the metric has been going down in recent days | Source: CryptoQuant如上图所示， Bitcoin miner reserves have been trending downwards during the past couple of weeks, while the price has been going up.
这可能表明矿工最近可能正在参与分配，以利用更高的价格。
至少在短期内，矿工的这种抛售可能会抑制最近的反弹并降低代币的价值。
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.
其他一些矿工也将为其采矿设备支付剩余款项，因此他们将不得不出售更多的储备金以在当前环境下还清。
BTC价格在撰写本文时， Bitcoin的价格浮动在 24.5 万美元左右，过去 6 天上涨了 21%。在过去的一个月里，加密货币的价值上涨了 XNUMX%。
下图显示了过去五天代币价格的趋势。
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原始来源： Bitcoin是