coin-img-ETHETH-4.78%coin-img-BTCBTC-4.49%coin-img-OKBOKB+4.35%coin-img-OPNOPN-20.36%coin-img-SOLSOL-4.87%coin-img-TAATAA-8.95%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-2.87%coin-img-ETHETH-4.78%coin-img-BTCBTC-4.49%coin-img-OKBOKB+4.35%coin-img-OPNOPN-20.36%coin-img-SOLSOL-4.87%coin-img-TAATAA-8.95%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-2.87%coin-img-ETHETH-4.78%coin-img-BTCBTC-4.49%coin-img-OKBOKB+4.35%coin-img-OPNOPN-20.36%coin-img-SOLSOL-4.87%coin-img-TAATAA-8.95%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-2.87%coin-img-ETHETH-4.78%coin-img-BTCBTC-4.49%coin-img-OKBOKB+4.35%coin-img-OPNOPN-20.36%coin-img-SOLSOL-4.87%coin-img-TAATAA-8.95%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-2.87%
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Muriuki Lazaro

CleanSpark leads wave of Bitcoin miner BTC sales as profitability tightens in 2025

In October 2025, Bitcoin's pullback from $126,000 coincided with a sharp rise in BTC sales from public miners, who have offloaded over 15,000 BTC as hashprice fell below $30 per PH/s. CleanSpark exemplified this shift in February by selling 553 of 568 BTC mined, helping drive its holdings down from 13,513 BTC to 13,363 BTC amid expanding operational capacity. These moves are increasing sell-side supply and echo elements of past miner capitulation phases, even as indicators like Hash Ribbons start to turn constructive.
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