This cycle isn’t just hurting traders; it’s hitting the core of the ecosystem.
Bitdeer, a major Bitcoin mining company, has reportedly sold all of its $BTC. Zero coins left on the balance sheet. When even miners start clearing inventory, it shows how tight conditions have become. And it’s not just miners. Nakamoto Inc., another Bitcoin-focused company, has lost nearly 98% of its market cap in just six months. Everyone is feeling the heat.
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This cycle isn’t just hurting traders; it’s hitting the core of the ecosystem.
Bitdeer, a major Bitcoin mining company, has reportedly sold all of its $BTC.
Zero coins left on the balance sheet.
When even miners start clearing inventory, it shows how tight conditions have become.
And it’s not just miners.
Nakamoto Inc., another Bitcoin-focused company, has lost nearly 98% of its market cap in just six months.
Everyone is feeling the heat.