Bitcoin Miners Face Pressure: Shocking Sell-Off Hits Record Despite BTC Price ATH

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BitcoinWorld 11h ago

Bitcoin Miners Face Pressure: Shocking Sell-Off Hits Record Despite BTC Price ATH - BitcoinWorld

Quick Summary:

The current situation suggests that while retail and institutional demand might be pushing the BTC price up, there’s a consistent source of supply coming from miners needing to cover costs.

This action by Bitcoin miners presents a complex picture for the broader crypto market.

Why Are Bitcoin Miners Selling So Much BTC Despite the Price Rise?