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- Bitdeer mined 144.1 BTC this week, sold 141.5 BTC, net holdings at 1996.7 BTC as of Dec. 19.
- Market structure suggests miner selling pressure is neutralized by institutional accumulation.
- Bullish invalidation at $85,000; bearish invalidation at $91,500.
- Global crypto sentiment remains "Extreme Fear" at 20/100, indicating potential contrarian opportunity.
NEW YORK, December 20, 2025 — Bitcoin cloud mining firm Bitdeer announced on its official X account that it mined 144.1 BTC this week. During the same period, the company sold 141.5 BTC, leaving it with net holdings of 1996.7 BTC as of Dec. 19. This breaking crypto news highlights miner liquidity dynamics amid a market trading at $88,300, up 1.49% in 24 hours.
Miner selling has historically signaled distribution phases. According to on-chain data, large-scale miner outflows often precede corrections. This mirrors patterns from 2021, when miner capitulation accelerated bear markets. However, current institutional inflows, as noted in recent developments like CZ's declaration of Bitcoin as a global reserve asset, may offset this pressure. Market structure suggests a liquidity grab is underway, with miners balancing operational costs against long-term holdings.
Bitdeer's weekly production of 144.1 BTC represents steady mining output. The sale of 141.5 BTC indicates near-total liquidation of new coins, a common practice for covering expenses. Net holdings increased marginally to 1996.7 BTC, showing minimal accumulation. This data, sourced from Coinness, reflects a disciplined approach to treasury management. No executive quotes were provided; the announcement was purely factual via social media.
Bitcoin currently trades at $88,300. The 24-hour trend of 1.49% suggests minor bullish momentum. Key support lies at the Fibonacci 0.618 level of $85,000, a critical invalidation point. Resistance is at the previous high of $91,500. RSI reads 55, indicating neutral conditions. Volume profile shows accumulation near $86,000, forming an order block. A fair value gap exists between $87,000 and $89,000, likely to be filled. Bullish invalidation: break below $85,000. Bearish invalidation: break above $91,500.
| Metric | Value |
|---|---|
| Bitdeer Mined BTC (Week) | 144.1 BTC |
| Bitdeer Sold BTC (Week) | 141.5 BTC |
| Bitdeer Net Holdings (Dec. 19) | 1996.7 BTC |
| Bitcoin Current Price | $88,300 |
| Global Crypto Sentiment Score | 20/100 (Extreme Fear) |
For institutions, miner sales provide liquidity without significant price impact, suggesting stable market depth. Retail traders face volatility from sentiment shifts; Extreme Fear at 20/100 may indicate oversold conditions. This event matters for the 5-year horizon as miner behavior influences Bitcoin's supply dynamics, critical for scarcity narratives. Regulatory clarity, such as updates from SEC.gov, could further shape mining economics.
Market analysts on X/Twitter note that Bitdeer's actions reflect efficient capital management. Bulls argue that minimal net accumulation signals confidence in holding, while bears highlight selling pressure. One analyst stated, "Miner flows are neutral this week—no alarm bells." Sentiment aligns with cautious optimism, given broader institutional adoption trends.
Bullish Case: If Bitcoin holds above $85,000 and breaks $91,500, a gamma squeeze could propel it to $95,000. Institutional inflows, as seen in related news, may drive this. Bearish Case: A break below $85,000 could trigger a liquidity grab down to $82,000, exacerbated by miner selling or outflows from products like Spot ETH ETFs. Market structure suggests a range-bound movement near current levels.
1. What is Bitdeer's mining strategy? Bitdeer uses cloud mining to produce BTC, selling most weekly output for operational costs.
2. How does miner selling affect Bitcoin price? Large sales can increase supply pressure, but institutional demand often absorbs it without major price drops.
3. What is the significance of 1996.7 BTC holdings? It indicates Bitdeer's long-term treasury, representing about 0.01% of Bitcoin's total supply.
4. Why is global crypto sentiment at Extreme Fear? Factors include regulatory uncertainty and market volatility, measured by metrics like social media and volatility indices.
5. How can traders use this news? Monitor miner flow data for liquidity signals; combine with technical levels like $85,000 support for entry/exit points.
Source Note: Market data and factual reporting in this article are sourced from original reports. Commentary and analysis provided by CoinMarketBuzz.

Disclaimer: The information provided is not trading advice, coinmarketbuzz.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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