Newly Created Wallet Withdraws 25M WLFI Tokens from CEX

Mining one coin costs $20,000! Bitcoin miners are fleeing en masse, and "mining difficulty" drops by 7.8%.

The Bitcoin mining industry is facing severe challenges as falling coin prices and rising energy costs drive mining expenses up to $88,000. Miners are losing nearly $20,000 for each Bitcoin mined. Increasing international oil prices and geopolitical risks have intensified financial pressures on miners. Loss of hash rate and longer block times indicate miners are exiting the market, triggering a sell-off that further impacts the price structure. To survive, mining companies are turning to AI and high-performance computing to seek new revenue streams.

Analyst: Institutional buying is absorbing short-term selling pressure. To continue the upward trend, it must stay above $70,000 and maintain capital inflow.

Bitcoin ETFs have seen a net inflow of 62,986 BTC over the past 30 days, with a total holding of 1.327 million BTC. Short-term holders continue to incur losses on exchanges, with an average daily inflow of 15,500 BTC. Institutional buying has surpassed retail selling pressure, but short-term participants are still selling at a loss. The price needs to stabilize above $70,000 to maintain an upward momentum.

An address deposited 33,127,000 RESOLV tokens into a CEX, worth approximately $1.44 million.

Arkham detected an address associated with Resolv Labs holding 33,120,000 RESOLV tokens, worth approximately $1.44 million. Previously, Resolv Labs was attacked, causing the token to drop and the stablecoin to depeg. Staking and unstaking functions have now been suspended.

Listed company Tron Inc. increased its holdings by 1,608,000 TRX today, with treasury holdings exceeding 688.5 million TRX.

Gate News reported that on March 26, listed company Tron Inc. posted on the X platform stating that today it purchased 168,000 TRX at an average price of $0.3109, bringing its TRX treasury holdings to over 688.5 million. Tron Inc. (TEySE...9mT) stated that it plans to further increase its Tron token holdings to enhance long-term shareholder value.

Bitcoin ETF Ends Seven-Day Rally, Bitcoin Price Pressure Resurfaces

US Bitcoin spot ETFs have shifted to outflows after a period of continuous inflows, causing Bitcoin's price to decline and briefly break below the $70,000 mark. Although there were modest net inflows earlier this week, market sentiment has turned conservative due to macroeconomic uncertainties, indicating reduced institutional risk appetite. The $70,000 level has become a near-term battleground between bulls and bears, reflecting insufficient market confidence.

MICA Daily | Cryptocurrency Market Enters Bear Market, Are BTC Miners Still Selling?

Since the beginning of 2025, the miner supply ratio has continued to decline, indicating a decrease in the amount of BTC that miners are selling to Binance. However, BTC price has risen first and then fallen, reflecting that even with reduced selling pressure, prices can still decline. Miners face higher costs post-halving, with many operating at breakeven levels. The selling pressure from price weakness primarily comes from spot investors and macroeconomic risk factors.