Express

Bitcoin Miners Selling BTC at Record Speed Since 2023, Says Capriole Investments Founder

Summary: According to reports, Charles Edwards, founder of the crypto quantitative digital asset fund Capriole Investments, stated that Bitcoin miners are selling large amounts of Bitcoin at a record speed not seen since the price of Bitcoin reached $19,000 (end of 2022 level). This situation usually occurs for two reasons: 1. Profit margins are tight, miners ...

According to reports, Charles Edwards, founder of the crypto quantitative digital asset fund Capriole Investments, stated that Bitcoin miners are selling large amounts of Bitcoin at a record speed not seen since the price of Bitcoin reached $19,000 (end of 2022 level). This situation usually occurs for two reasons: 1. Profit margins are tight, miners need cash (which is not the case now); 2. Bearish market sentiment in a profitable state. In either case, the coin price usually rises higher a month later.

Last Update:

Tags:
Link: Bitcoin Miners Selling BTC at Record Speed Since 2023, Says Capriole Investments Founder [Copy]

Last: Truth Social and Truth+ to Allow Users to Convert Earned 'Gems' into CRO Tokens

Next: Ethereum Treasury Company FG Nexus Launches $200 Million Stock Buyback Plan

Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 16 days ago

CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 17 days ago

Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 24 days ago

GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025

U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025