Miners Retain Crypto Holdings Amidst Market Downturn

在市場低迷時期礦工保留加密資產

According to Alphractal, a reputable crypto analysis firm, miners have ceased selling their holdings in major cryptocurrencies: Bitcoin (BTC), Litecoin (LTC), Dogecoin (DOGE), and Bitcoin Cash (BCH). This marks a significant departure from their typical strategy of capitalizing on price fluctuations.

據知名加密貨幣分析公司 Alphractal 稱，礦工已停止出售其持有的主要加密貨幣：比特幣 (BTC)、萊特幣 (LTC)、狗狗幣 (DOGE) 和比特幣現金 (BCH)。這標誌著與他們利用價格波動的典型策略的重大背離。

Shift from Opportunistic Selling

轉變機會主義銷售

Historically, miners have sold their assets during price increases to fund their operations. Notably, Bitcoin miners sold off their BTC holdings during the 2023-2024 price surge. However, the increasing hash rate due to intense competition forced many miners to sell to maintain profitability.

從歷史上看，礦商在價格上漲期間出售資產來為其營運提供資金。值得注意的是，比特幣礦商在 2023 年至 2024 年價格飆升期間拋售了其持有的 BTC。然而，由於激烈的競爭，哈希率不斷上升，迫使許多礦商出售以維持利潤。

Alphractal now reports that selling pressure from miners has nearly vanished. Despite lower Bitcoin prices and reduced mining profitability, miners are opting to retain their holdings, potentially reducing market supply.

Alphractal 現在報告稱，來自礦商的拋售壓力幾乎消失了。儘管比特幣價格較低且挖礦獲利能力下降，但礦商仍選擇保留其持有的比特幣，這可能會減少市場供應。

Implications for Supply and Demand

對供給和需求的影響

This shift in miner behavior could significantly impact the cryptocurrency market's supply and demand dynamics. Analysts anticipate that if miners continue to hold their coins, prices could rise in the near future due to decreased selling pressure and reduced market supply.

礦工行為的這種轉變可能會對加密貨幣市場的供需動態產生重大影響。分析師預計，如果礦商繼續持有代幣，由於拋售壓力減輕和市場供應減少，價格可能在不久的將來上漲。

Investor Implications

對投資者的影響

Investors are taking note of this strategic shift by miners, recognizing it as a potential opportunity for price increases in BTC, LTC, DOGE, and BCH. If this trend persists, these cryptocurrencies could experience notable upward movement in the coming months, market conditions permitting.

投資者正在註意到礦商的這一戰略轉變，認為這是 BTC、LTC、DOGE 和 BCH 價格上漲的潛在機會。如果這種趨勢持續下去，在市場條件允許的情況下，這些加密貨幣可能會在未來幾個月出現顯著的上漲趨勢。

Conclusion

結論

The changing tactics of miners, who are now holding their coins rather than selling, are reshaping market dynamics. Investors should monitor these shifts closely as they could significantly influence the trajectory of the crypto market in the coming year and beyond.

礦工們正在改變策略，他們現在持有代幣而不是出售代幣，這正在重塑市場動態。投資者應密切關注這些變化，因為它們可能會對未來一年及以後的加密市場軌跡產生重大影響。