Miners Retain Crypto Holdings Amidst Market Downturn

在市场低迷时期矿工保留加密资产

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.

据知名加密货币分析公司 Alphractal 称，矿工已停止出售其持有的主要加密货币：比特币 (BTC)、莱特币 (LTC)、狗狗币 (DOGE) 和比特币现金 (BCH)。这标志着与他们利用价格波动的典型策略的重大背离。

Shift from Opportunistic Selling

转变机会主义销售

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.

从历史上看，矿商在价格上涨期间出售资产来为其运营提供资金。值得注意的是，比特币矿商在 2023 年至 2024 年价格飙升期间抛售了其持有的 BTC。然而，由于激烈的竞争，哈希率不断上升，迫使许多矿商出售以维持盈利。

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 现在报告称，来自矿商的抛售压力几乎消失了。尽管比特币价格较低且挖矿盈利能力下降，但矿商仍选择保留其持有的比特币，这可能会减少市场供应。

Implications for Supply and Demand

对供给和需求的影响

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.

矿工行为的这种转变可能会对加密货币市场的供需动态产生重大影响。分析师预计，如果矿商继续持有代币，由于抛售压力减轻和市场供应减少，价格可能在不久的将来上涨。

Investor Implications

对投资者的影响

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.

投资者正在注意到矿商的这一战略转变，认为这是 BTC、LTC、DOGE 和 BCH 价格上涨的潜在机会。如果这种趋势持续下去，在市场条件允许的情况下，这些加密货币可能会在未来几个月出现显着的上涨趋势。

Conclusion

结论

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.

矿工们正在改变策略，他们现在持有代币而不是出售代币，这正在重塑市场动态。投资者应密切关注这些变化，因为它们可能会对未来一年及以后的加密市场轨迹产生重大影响。