Whales Pause, Miners Sell: Bitcoin Faces Double Pressure

Bitcoin’s momentum faces headwinds as Cryptoquant reports a slowdown in whale accumulation and mounting miner selling. Whale outflows have dropped from 800,000 to 300,000 BTC daily since February, but analysts attribute this to capitulation, not renewed confidence.

Miner margins have shrunk to 33%, triggering major BTC transfers like the 15,000-BTC move on April 7. With the accumulation rate at a two-month low and the Bull Score Index stuck below 50, Cryptoquant sees limited chances for a near-term rebound. Macro pressures, including U.S.–China trade tensions, add to market caution, keeping bitcoin range-bound for now.

Clever Robot News Desk 17^th April 2025