๐จ$BTC BREAKING: Miner Moves Shaking the Market ๐จ
Big news in crypto today ๐
Bitcoin miner Cango just sold $305 MILLION worth of BTC in one week ๐ฎ๐ฅ
โ๏ธ What does this mean?
This looks like miner capitulation โ when miners sell reserves to cover costs or lock profits.
Historically, this phase often appears near market stressโฆ or close to turning points ๐๐
๐ง Key takeaway:
Weak hands are exiting โ
Strong hands are watching closely ๐๏ธ
Volatility may increase short-term โก
๐ Capitulation feels scaryโฆ
๐ But itโs also where long-term opportunities are born.
Are miners ringing the bottom bell ๐
or is more turbulence coming?
Drop your thoughts ๐๐ฅ
