Bitcoin News
By Pankaj K
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Old Coins Move, But No Panic in Sight. When large amounts of dormant coins begin to move, traders often worry about long-term holders…
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Miner Selling Peaks Then Pulls Back. Between June and August 2025, Bitcoin miners made their presence known through two large inflow…
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$117K Resistance Level: The Market’s Next Test. The $117,000 level has emerged as a focal point for traders.
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What This Means for Bitcoin’s Future. Bitcoin’s resilience amid selling pressure underscores the growing maturity of the cryptocurrency…
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Bitcoin (BTC) continues to keep traders on edge as it withstands fresh sell-offs from miners and unexpected movements from long-dormant coins.
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Even with these developments and two major waves of miner-led selling, Bitcoin’s price structure remained solid.
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The Spent Output Profit Ratio (SOPR), which measures whether sellers are realizing profits or losses, surged to 1.17 during the same period. Compared to lows of 0.
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This kind of activity often accompanies healthy market adjustments rather than panic-driven sell-offs.
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Between June and August 2025, Bitcoin miners made their presence known through two large inflow events that added temporary sell pressure.
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The first wave occurred on June 19 when ViaBTC transferred a significant portion of its holdings to major exchanges like Binance and Coinbase Advanced.
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These two waves drove the miner inflow realized price—the average price at which miners transferred Bitcoin to exchanges—to record highs.
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However, the market sentiment began to shift after these events. The 30-day moving average of Miner-to-Exchange Flow, a measure of how much Bitcoin is being transferred from…
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With Bitcoin holding steady above the $116,000 mark, this pullback from miners has bolstered confidence in the ongoing price rally.
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The $117,000 level has emerged as a focal point for traders. Technical indicators such as the CDD Channel and the Fibonacci-Adjusted Market Mean Price suggest that Bitcoin often…
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Traders view this zone as both a strong point of interest and a test of market strength. Some believe it is prudent to wait for a breakout above $118,000 before committing to…
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