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Bitcoin Miners Sell 15K BTC as DeepSnitch AI Presale Gains Momentum

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By Omar Khalid
Published at Mar 09, 2026 at 19:30
Updated at Mar 09, 2026 at 18:184 min read
Bitcoin Miners Sell 15K BTC as DeepSnitch AI Presale Gains Momentum

• Public Bitcoin miners sold about 15,000 BTC after the October market crash.
• Early investors placed over $1.95 million into the DeepSnitch AI presale.
• Whale investors accumulated billions of XRP while Cardano expands real world payments.

Bitcoin Miners Reduce Their BTC Reserves

Public mining firms are cutting their Bitcoin holdings. The move reflects pressure from rising costs and weaker returns.

Recent reports show that miners sold about 15,000 BTC after the October 2025 crash. The sell off follows a strategy shift after the previous bull market.

During the 2024 2025 rally, many miners preferred to hold their coins. Now, the environment has changed. Companies must manage debt and operating expenses.

Several firms already reduced their reserves. For example, Cango sold 4,451 BTC, which represented about 60% of its treasury.

Bitdeer reportedly liquidated its entire Bitcoin reserve last month.

Meanwhile, Riot Platforms also sold BTC in December.

Another mining firm, Core Scientific, plans to sell around 2,500 BTC during the first quarter.

Analysts say these sales may increase market supply in the short term.

DeepSnitch AI Presale Attracts Investor Interest

At the same time, investors are exploring early stage crypto projects.

One project gaining attention is DeepSnitch AI. The platform aims to analyze blockchain activity and market sentiment.

According to recent updates, investors have placed more than $1.95 million into the project’s presale.

The project is currently in stage six of its presale, where the token trades near $0.043. Early buyers have already seen about 185% gains during the fundraising phase.

Developers say the platform uses several AI tools to track market data. These include systems that monitor whale activity, insider movements, and on chain sentiment.

XRP Whales Increase Their Holdings

Large investors are also accumulating other major cryptocurrencies.

Data from Santiment shows growing interest in XRP.

Wallets holding between 10 million and 100 million XRP increased their balances after the recent market sell off.

These addresses bought around 4.18 billion XRP, bringing their total holdings to nearly 10.87 billion tokens.

Despite the accumulation, XRP’s price moved only slightly. The asset gained about 1% during the past week.

Market watchers say a stronger catalyst may be needed for a larger price rally.

Cardano Expands Real World Payments

Meanwhile, adoption continues to grow for Cardano.

Recent reports show that Spar supermarkets in Switzerland now accept ADA as payment.

The integration was made possible through a crypto payment system supported by the Cardano ecosystem. The system allows customers to complete transactions at checkout.

Despite this progress, ADA’s price declined about 6.5% during the week amid broader market weakness.

The crypto market continues to shift as investors adjust their strategies.

Bitcoin miners are selling reserves to manage costs and debt. This move marks a change from the hold strategy used during the previous bull market.

At the same time, new projects like DeepSnitch AI are drawing attention during the presale phase. Meanwhile, large investors continue to accumulate assets such as XRP, and real world adoption grows for Cardano.

These developments highlight how quickly momentum can move across different parts of the crypto industry.

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