The week of September 22 through September 28 brought one of the most volatile stretches in recent memory for miners and investors alike. Bitcoin stumbled, Ethereum held steady, and the market saw everything from dormant whale wallets to record-breaking token unlocks. Add in regulatory moves, gold’s rise, and Korea Blockchain Week — and you have a snapshot of an industry in rapid motion.

Bitcoin’s Rollercoaster — Hope Amid Liquidations

Bitcoin’s price slipped below the $110,000 threshold, shaving off about 5% over the week. Billions in liquidations rattled traders, yet miners remained optimistic as network activity stayed resilient. Quietly, large institutional buyers took advantage of the dip, scooping up coins in bulk — a sign of confidence beneath the surface.

Source: MEXC Weekly Review

Dormant Giant Awakens — A 12-Year Wallet Moves

In one of the week’s most intriguing events, a Bitcoin wallet untouched for 12 years suddenly stirred, moving 400 BTC worth roughly $44 million. Was this an early miner cashing out, or just a long-term holder testing waters? Whatever the motive, miners and market watchers alike are dissecting the move for clues about hidden supply and shifting sentiment.

Source: The Currency Analytics

Whale Games — Bitcoin and Ethereum Scoop-Ups

Whales resurfaced with heavy buying across both Bitcoin and Ethereum. Their activity often precedes broader market shifts, and miners are paying close attention. Large-scale accumulation suggests that confidence in the two leading networks remains strong, even in the face of short-term turbulence.

Source: Yahoo Finance

Altcoin Watch — XRP Stumbles, Ethereum Holds Steady

While Ethereum maintained a $4,100 foothold, XRP stumbled, lagging behind its larger peers. For miners running diversified portfolios, the divergence is a reminder that not all altcoins track Bitcoin’s trajectory. Ethereum, however, continues to attract buzz with upcoming upgrades that could significantly enhance mining prospects.

Sources: Forex24, CryptoRank

Gold Glitters — A Parallel Safe Haven

Outside crypto, gold surged to record highs, fueled by U.S. government shutdown concerns and speculation of interest rate cuts. For miners, the rise underscores that capital is seeking havens — and that traditional assets still influence the confidence cycle around digital commodities.

Source: Reuters

Seoul’s Spotlight — Korea Blockchain Week

In Seoul, Korea Blockchain Week 2025 drew thousands, positioning itself as one of Asia’s premier blockchain festivals. Panels, partnerships, and innovations — from Web3 infrastructure to mining technologies — put the spotlight on Asia’s role in shaping the next phase of crypto adoption.

Source: Korea Blockchain Week 2025

Regulatory Winds — SEC Speeds ETF Approvals

In the U.S., the SEC advanced efforts to accelerate crypto ETF approvals. For miners, this could mean more institutional money flowing into the ecosystem, bolstering demand and long-term price stability. Institutional-grade inflows are increasingly viewed as lifelines that can balance mining difficulty with market growth.

Source: Reuters

Market Shakeout — $22B in Options Expire

Friday saw $22 billion in crypto options expire, triggering sharp intraday swings. Miners braced through the volatility as price action tested nerves and liquidity pools. Events of this scale highlight just how interconnected derivatives markets and mining profitability have become.

Source: Cointelegraph

Token Unlock Tsunami — $4.5B Released

The largest monthly token unlock of 2025 hit the market, with over $4.5 billion in tokens becoming liquid. This fresh supply injected volatility but also new opportunities for accumulation. For miners and investors, it was a pivotal moment shaping liquidity trends as autumn trading ramps up.

Source: BoxMining

OneMiners Spotlight — Hosting, Hardware, and Flexibility

• U.S. Hosting — No Fees: OneMiners now offers U.S.-based hosting with zero service fees, a major win for miners seeking cost efficiency.

• Flexible Payments: Options like “pay later” or deferred 4-month plans make new hardware more accessible.

• Next-Gen Hardware: New rigs are on the way — with some models that look more like speakers than miners. Lukas’ unboxing previews offer a glimpse of what’s coming.

• Stay Connected: OneMiners continues to build community with updates, guides, and mining insights across its social channels.

Source: OneMiners

Outlook — Adaptation Defines the Season

This week highlighted crypto’s dual nature: unpredictable volatility paired with steady long-term growth signals. For miners, the path forward is about adaptation — embracing new hardware, monitoring whale behavior, leveraging hosting strategies, and preparing for Ethereum’s next wave of upgrades.

As we move into October, the industry is bracing for more difficulty adjustments, more ETF headlines, and more liquidity events. The hash war is only getting sharper.

As always: mine smart, stay efficient, and keep an eye on the currents shaping tomorrow.