Bitcoin news turned to corporate sales after Lookonchain reported that 14 publicly traded companies had sold 108,247 BTC during 2026. The transactions totaled about $8.08 billion through November 10, with mining companies accounting for most of the activity.
MARA and Riot Platforms led the sellers, while Bitcoin price traded near $74,760 on the four-hour chart. The latest price action placed BTC below $76,400, a former support level that traders now watch as resistance.
Bitcoin News: MARA and Riot Lead $8B Bitcoin Sales
Lookonchain reported that MARA sold 40,581 BTC worth approximately $3.03 billion. The company recorded an average selling price of $74,446 per coin. Riot Platforms followed with 20,264 BTC worth around $1.51 billion and an average selling price of $73,231.
Together, the two mining companies accounted for 60,845 BTC, or about 56% of the reported total. Their combined sales reached approximately $4.54 billion. Lookonchain published the figures on November 10, but the transactions cover activity since the beginning of the year.
The Bitcoin news does not establish that these companies sold their entire holdings during the latest market decline.
Other Public Companies Reduce BTC Holdings
Bitdeer Technologies ranked third with 10,553 BTC worth about $787 million. Lookonchain based that figure on estimated outflows from January through September. Cango followed with 7,001 BTC worth $522 million, while CleanSpark accounted for 5,715 BTC worth about $426 million.
CleanSpark’s total included 3,654 BTC connected to options or basis trading transactions. The figures, therefore, cover more than ordinary spot-market sales. Core Scientific sold 3,374 BTC at an average price of $85,000. Empery Digital, Keel, Bitfarms, and Hut 8 each recorded sales above 3,000 BTC.
HIVE Digital, IREN, Cipher Digital, Sequans, and KULR also appeared in the list. Hut 8 recorded an average sale price of $80,658, while Empery Digital’s average reached $66,733. Those differences reflect transactions at separate prices during the year.
The Bitcoin news data combines monitored BTC transfers with company disclosures, so some reported movements do not represent direct sales on spot exchanges.
Bitcoin Price Falls Below $76,400 Support
Bitcoin price traded around $74,760 on the four-hour chart shared by analyst That Martini Guy. BTC had recovered after briefly slipping below $74,000. However, the latest bounce left the price beneath the $76,400 level that previously supported the market.
The Bitcoin price prediction places the next marked resistance at $79,500, followed by $83,500 and $87,000. Bitcoin previously traded near $87,000 in early October before recording lower highs and lower lows.
BTC then fell through $79,500 and later lost the $76,400 area as November trading continued.
An analyst said bulls need to reclaim $76,400 before the market structure starts changing. The analyst described the prevailing trend as bearish while BTC remains below that threshold. A brief recovery alone would not confirm that buyers had regained the former support zone.
What Comes Next for BTC as Selling Continues?
A sustained move above $76,400 would put $79,500 back in focus, according to the levels marked on the chart. Bitcoin price would then face additional resistance at $83,500 before reaching the higher $87,000 level.
Failure to regain $76,400 would leave Bitcoin price trading below its former support. The recent move under $74,000 also remains relevant because it marked the low area preceding the recovery. Traders can compare the next price move with these levels as BTC attempts to stabilize.
Kelvin is an experienced crypto journalist with over 6 years of experience backed by an Actuarial Science and English Degree. He has over 10,000 works published under his profile in several major media sites in the crypto, Web 3, and Finance sectors.
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