Bitcoin Miners Have Sold $2 Billion Worth of BTC Since June: Analytics Firm Reveals When Recovery Will Begin

A recent report by analytics firm IntoTheBlock revealed that Bitcoin miners have sold more than 30,000 BTC (about $2 billion) since June.

This sales rate is the fastest sales rate observed in more than a year. According to analysts, the recent halving event is estimated to have triggered this sell-off due to the potential decline in profits.

Source - Bitcoin Sistemi

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