Bitdeer Sells All 288.4 Bitcoin (BTC) Mined This Week, Holdings Stay Zero

Bitdeer Clears Its Weekly Stack

Nasdaq-listed miner Bitdeer produced 288.4 BTC through its mining operations this week and sold the entire amount on the market, according to the company's operations disclosure, leaving its net Bitcoin (BTC) position unchanged at zero for the period. The sale extends a policy Bitdeer has maintained since February 20, when it cut its BTC holdings to zero; every coin the firm has mined since has been converted into cash rather than added to a corporate treasury. The approach makes Bitdeer a rolling weekly seller — its full output reaches exchanges on a continuing basis — and puts it at the opposite end of the treasury spectrum from listed Bitcoin treasury holder Tesla, which has kept its coins on balance sheet. It also contrasts with the HODL playbook that dominates corporate crypto treasuries: instead of accumulating, Bitdeer monetizes 100% of its proof-of-work output to fund operations. For supply models, the stance removes any treasury overhang but adds a steady sell flow of roughly 288 BTC every seven days that scales with hashrate — a variable worth tracking as mining margins tighten.

Dominance Slips, ETF Inflows Hold

Bitcoin (BTC)'s share of the total crypto market capitalization has slipped below the 60% line, though the exact print depends on the tracker. The Altcoin Season Tracker put Bitcoin dominance at 58.2% on September 26, while CoinGecko's aggregation showed 56.65% the same day — both under 60%, but neither confirming an altcoin regime shift. The tracker's 90-day altseason index stood at 71, short of the 75 threshold that defines altcoin season, even as its 30-day reading of 86 cleared that bar; the 1-year value of 34 still reflects long-term Bitcoin outperformance. Glassnode's Altcoin Cycle Signal, which compares relative flows between the top 250 altcoins and Bitcoin while excluding stablecoins, registered 81.25 on September 22, with the latest chart display showing 75. Capital flows point the other way: US spot ETF products absorbed net inflows for a fifth consecutive session — $999 million on September 21, $714.7 million on September 22, $346.9 million on September 23, $190.7 million on September 24 and $134.5 million on September 25, roughly $2.39 billion across the run. Institutions, in short, are still adding Bitcoin even as altcoins gain relative ground.

Longs Flushed Below $84K

Derivatives liquidation data for the past 24 hours shows $264.64 million in forced closures across digital assets, with shorts taking $136.85 million — 51.7% of the total — against $127.79 million in longs, and 73,155 traders wiped out. The split by asset was telling. Solana, XRP and Dogecoin each gained 1-3% and NEAR Protocol surged 8.65%, squeezing bears on those books; Bitcoin itself slipped 0.22% and held just under $84,000 — the zone our related coverage of Bitcoin (BTC) Nears $84K examines — and its liquidation mix ran the opposite way. Bitcoin longs absorbed $43.92 million of the $63.78 million in BTC closures, more than double the $19.86 million in shorts, meaning leveraged upside bets near the $84,000 area were the positions flushed. Ethereum's $54.38 million was nearly even, at $26.38 million long versus $27.99 million short. BTC and ETH together made up roughly 45% of the day's total liquidations. The pattern reinforces the dominance read: Bitcoin is consolidating rather than breaking out, and overleveraged longs are paying for the sideways chop while altcoin rallies inflict the damage on shorts elsewhere. Readers tracking the market in real time can follow live spot and futures prices on Binance.

$84K Ceiling, $81K Floor in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $84,075.87 resistance at 76/100, driven by Fibo 0.114, the Pivot Point and the Keltner Upper band, with $87,329.71 above it scoring 85/100 on the BB Upper, R3 and Donchian Upper confluence. Spot sits at $83,978, directly under that ceiling. First support $81,082.75 scores 80/100 on the BB Middle, SMA 20 and Ichimoku Kijun cluster. Funding is a near-neutral 0.0009% on $15.99 billion of open interest with a 1.41 long/short account ratio; the Fear & Greed Index reads 74 (Greed) and RSI prints 63.82 with a bullish MACD in an uptrend. A daily close above $84,075.87 opens the path to $87,329.71; the thesis invalidates on a close below $81,082.75.